Methuen Treaty a popular replacement. Cypher and Dietz, in the book ″The Process of Economic Development″, say that: "Portugal specialized in a commodity that did not have the same growth potential as did cloth for England. Portugal's economy suffered consequently, as the productive structure and institutions were moulded in the direction of wine production. In fact, after trade was rapidly expanded following the Methuen Treaty in 1703, Portugal was left with a sizeable deficit as its exports to England fell short of its imports from England. The boom in Portuguese-English trade fortuitously coincided with a gold rush in Brazil, Portugal's colony, enabling
Treaty of Peace and Friendship between Japan and China Treaty of Peace and Friendship between Japan and China The Treaty of Peace and Friendship between Japan and the People's Republic of China (Japanese: , Chinese: 中华人民共和国和日本国和平友好条约, pinyin: Zhōnghuá Rénmín Gònghéguó hé Rìběnguó hépíng yǒuhǎo tiáoyuē) is a peace treaty concluded between the People's Republic of China and Japan on August 12, 1978. The treaty was signed in Beijing by Huang Hua (1913 – 2010), Foreign Minister of the People's Republic of China, and Sunao Sonoda (1913 – 1984), Minister for Foreign Affairs of Japan. The treaty went into effect on October 23, 1978 with the state visit of Vice