拍品描述： China - Foreign Colonies. KIAUCHAU: Wilhelm II, 1898-1914, 10 cents, 1909, KM-2, Deutsche Kiautschou Gebiet // Chinese inscription dà dé guó bao at center, qing dao above, tooled, but hardly noticeable, PCGS graded About Unc Details. The Kiautschou Bay concession was a territory leased by the Germans in Imperial and Early Republican China, lasting from 1898 to 1914. The administrative center of the territory was located at Tsingtau. A brewery was established in 1903 by German settlers (Tsingtao Brewery Co.), and still exists today as Chinas most famous brewery.