Read the paragraph below to answer the question.
This event was of great significance to modern Chinese history. The monarchial system was
discarded with the founding of the provincial government of the Republic of China. The
victory was soon compromised by concessions on the part of the Chinese bourgeoisie, and
the country entered a period dominated by the Northern Warlords, headed by Yuan Shikai.
(1 mark)
What event is described above and in which year did it happen?
(2 marks)