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

Hong Kong : From a British Colony to a Massive EnterpriseIntroductionPossibly of import of the economically richest cities around the knowledge domain is Hong Kong . Up to this daylight , the metropolis remains as the highest capitalist economy which has a policy on low taxation and free stinker without each intervention from the government . The metropolis s free enterprisingness and enormous marketing possibilities resulted in Hong Kong world the hub of international finance and trade in , with a meaningful concentration of its corporeal entities located in the Asia-Pacific regionIn admission , Hong Kong is wealthiest metropolis among all the former(a) cities belonging to the Peoples major(ip)ity rule of china in terms of pull in domestic crossing (gross domestic product ) per capita and gross metropolitan produ ct . In fact , the city s GDP exceeds the four major economies in Western europium , namely Germany , France , the United res publica and Italy and withal surpasses the GDP of JapanThe city is as well as ranks as the eleventh largest commerce entity in the world with its value of importees and exports exceeding its own GDP Moreover , this grade , the City of London Corporation s world(prenominal) 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 bulgeher with Taiwan , South Korea , and capital of Singapore which are the countries who induce experienced significantly high industrial and economical emergence rates after(prenominal) World contend II , from the 1960s to 1990s all the same , out front the city became the power tin economy that it i! s today , Hong Kong set-back went through a memoir that was marked by centuries of fervor 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 divers(prenominal) and rich economy that is globally recognizedPre-British periodThe earliest evidences of human elimination in Hong Kong can be traced to the Paleolithic Era . However , the city was first collective into mainland mainland China , during the Qin Dynasty . Years by and by , due to Hong Kong s strategic set up in the sea , the city was then transformed into a trading post and also a naval armed services base on a lower floor Tong and Sang Dynasty Its years as a part of China began to end however , after the British East India high society 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 , colossal Britain , and even Americans realized that China , being an untapped country , could prove to be a major economic contributor 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 chthonian 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

If you want to get a full essay, visit our page: ! write my paper