t to all
matters upon which the Japanese Government may hereafter agree with
the German Government, relating to the disposition of all rights,
interests and concessions, which Germany, by virtue of treaties or
otherwise, possesses in relation to the Province of Shantung.

Article 2. (Changed into an exchange of notes.)

The Chinese Government declares that within the Province of Shantung
and along its coast no territory or island will be ceded or leased
to any Power under any pretext.

Article 3. The Chinese Government consents that as regards the
railway to be built by China herself from Chefoo or Lungkow to
connect with the Kiaochow-Tsinanfu Railway, if Germany is willing to
abandon the privilege of financing the Chefoo-Weihsien line, China
will approach Japanese capitalists to negotiate for a loan.

Article 4. The Chinese Government engages, in the interest of trade
and for the residence of foreigners, to open by China herself as
soon as possible certain suitable places in the Province of Shantung
as Commercial Ports.

(Supplementary Exchange of Notes)

The places which ought to be opened are to be chosen and the
regulations are to be drafted, by the Chinese Government, but the
Japanese Minister must be consulted before making a decision.

GROUP II

The Japanese Government and the Chinese Government, with a view to
developing their economic relations in South Manchuria and Eastern
Inner Mongolia, agree to the following articles:--

Article 1. The two contracting Powers mutually agree that the term
of lease of Port Arthur and Dalny and the terms of the South
Manchuria Railway and the Antung-Mukden Railway shall be extended to
99 years.

(Supplementary Exchange of Notes)

The term of lease of Port Arthur and Dalny shall expire in the 86th
year of the Republic or 1997. The date for restoring the South
Manchurian Railway to China shall fall due in the 91st year of the
Republic or 2002. Article 12 in the original South Manchurian
Railway Agreement stating that it may be redeemed by China after 36
years after the traffic is opened is hereby cancelled. The term of
the Antung-Mukden Railway shall expire in the 96th year of the
Republic or 2007.

Article 2. Japanese subjects in South Manchuria may lease or
purchase the necessary land for erecting suita