The decolonisation of Asia was the gradual growth of independence movements in Asia, leading ultimately to the retreat of foreign powers and the creation of several nation-states in the region. Western imperialism in Asia The decline of Spain and Portugal in the 17th century paved the way for other European powers, namely the Netherlands, France and England. Portugal would lose influence in all but three of its colonies, Portuguese India, Macau and Timor. By the end of the 17th century, the Dutch had taken over much of the old Portuguese colonies, and had established a strong presence in present-day Indonesia, with colonies in Aceh, Bantam, Makassar and Jakarta. The Dutch also had trade links with Siam, Japan, China and Bengal. The British had competed with Portuguese, Spanish and Dutch for their interests in Asia since the early 17th century and by the mid-19th century held much of India (via the British East India Company), as well as Burma, Ceylon, Malaya and Singapore. After The Indian Rebellion of 1857, Queen Victoria was declared Empress of India, thus solidifying the British rule on the subcontinent. The last British acquisition in Asia was the New Territories of Hong Kong, which was leased from the Qing emperor in 1897, expanding the British colony originally ceded in the Treaty of Nanking in 1842. The French had little success in India following defeats against the British in the 17th century, though they held onto possessions on the east coast of India (such as Pondicherry and Mahar) until decolonisation. The French established their most lucrative and substantial colony in Indochina in 1862, eventually occupying the present-day areas of Vietnam, Laos and Cambodia by 1887. Japan's first colony was the island of Taiwan, occupied in 1874 and officially ceded by the Qing emperor in 1894. Japan continued its early imperialism with the annexation of Korea in 1910.