Hong Kong, From A British Colony To The Republic Of China

Hong Kong : From a British Colony to a Massive EnterpriseIntroductionPossibly cardinal of the economically richest cities around the knowledge domain is Hong Kong . Up to this daytime , the metropolis remains as the highest capitalist economy which has a policy on low taxation and free can without each intervention from the government . The metropolis s free try and enormous marketing possibilities resulted in Hong Kong world the hub of international finance and trade in , with a evidentiary concentration of its collective entities located in the Asia-Pacific regionIn increment , Hong Kong is wealthiest metropolis among all the separate cities belonging to the Peoples major(ip)ity rule of mainland chinaware in terms of unadulterated domestic crossing (gross domestic product ) per capita and gross metropolitan pro duct . In fact , the city s GDP exceeds the four major economies in Western europium , namely Germany , France , the United realm and Italy and in like manner surpasses the GDP of JapanThe city is also ranks as the eleventh largest barter entity in the world with its value of importees and exports exceeding its own GDP Moreover , this grade , the City of London Corporation s orbicular Financial Centres index finger (GFCI , the body which evaluates the competitiveness of monetary centers worldwide , ranked Hong Kong as the third-best financial center globally and the wealthiest and strongest in Asia Furthermore , the quick growing economy of the city earned it a wander among the Four Asian Tigers to steriliseher with Taiwan , South Korea , and capital of Singapore which are the countries who vex experienced significantly high industrial and economical harvest-home rates after(prenominal) World contend II , from the 1960s to 1990s til now , to begin with the city beca me the power tin economy that it is today ,! Hong Kong start-off went through a memoir that was marked by centuries of upthrow and wars among countries fighting over the agree of the land .

Nevertheless , the significant events in the city s record enabled it to develop a diverse and rich economy that is globally recognizedPre-British periodThe earliest evidences of human small town in Hong Kong can be traced to the Paleolithic Era . However , the city was first collective into mainland China , during the Qin Dynasty . Years by and by , due to Hong Kong s strategic invest in the sea , the city was then transformed into a trading post and also a nava l armed services base chthonian Tong and Sang Dynasty Its years as a part of China began to end however , after the British East India party of the United Kingdom found a trading post in the city of Guangzhou , which is very secure Hong Kong . In addition , during the 19th century , other expanding countries such as India , France , gravid Britain , and even Americans realized that China , being an untapped country , could prove to be a major economic ratifier in terms of marketing and trade (Welsh , 1997The United Kingdom s expeditionAccording to Tak-Wing Ngo s book , Hong Kong s History : nation and Society under(a) Colonial Rule , in 1840 , after the Qing Dynasty , which was Imperial China s last dynasty , refused to engage in the import of...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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