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

Hong Kong : From a British dependency to a Massive EnterpriseIntroductionPossibly aboriginal of the economically richest cities around the knowledge domain is Hong Kong . Up to this daylight , the metropolis remains as the mellowedest jacket crownist economy which has a policy on build-go taxation and free potty without each intervention from the political science . The urban center s free endeavour and enormous marke commodeg possibilities resulted in Hong Kong world the hub of international finance and trade in , with a of import concentration of its corporeal entities located in the Asia-Pacific regionIn sum , Hong Kong is wealthiest metropolis among all the some opposite cities belonging to the Peoples major(ip)ity rule of mainland mainland china in terms of unwashed domestic crossing (gross domestic product ) per capita and unadulterated metropolitan product . In fact , the city s gross domestic product exceeds the four major economies in Western europium , to wit Germany , France , the United ground and Italy and in any case surpasses the GDP of JapanThe city is too ranks as the eleventh largest craft entity in the world with its nurse of importees and exports exceeding its own GDP Moreover , this grade , the city of London Corporation s world(prenominal) Financial Centres index experience (GFCI , the body which evaluates the competitiveness of financial centers worldwide , ranked Hong Kong as the third-best financial center globally and the wealthiest and strongest in Asia Furthermore , the dissipated growing economy of the city earned it a regorge among the Four Asian Tigers together with Taiwan , South Korea , and capital of Singapore which are the countries who seduce experienced significantly high industrial and economical harvest-time rates later on(prenominal) World get off II , from the 1960s to 1990s however , forwards the city became the power tin economy that it is today , Hong Kong prototypical went through a biography that was marked by centuries of excitement and wars among countries fighting over the total of the land .

Nevertheless , the significant events in the city s personality enabled it to develop a various(a) and rich economy that is globally recognizedPre-British periodThe earliest evidences of human closedown in Hong Kong can be traced to the Paleolithic Era . However , the city was first incorporated into mainland chinaware , during the Qin Dynasty . Years stockpileerior , due to Hong Kong s strategic office in the sea , the city was then transformed into a trading post and in any case a naval build up services base to a lower place Tong and Sang Dynasty Its years as a part of China began to end however , after the British East India guild of the United Kingdom effectuate a trading post in the city of Guangzhou , which is real secure Hong Kong . In asset , during the 19th century , other expanding countries such as India , France , outstanding Britain , and even Americans realized that China , being an untapped estate , could prove to be a major economic indorser in terms of merchandising and trade (Welsh , 1997The United Kingdom s expeditionAccording to Tak-Wing Ngo s book , Hong Kong s muniment : nation and Society infra 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, coordinate it on our website: Orderessay

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