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

Hong Kong : From a British Colony to a Massive EnterpriseIntroductionPossibly primal 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 stool without each intervention from the government . The metropolis s free opening and enormous marketing possibilities resulted in Hong Kong world the hub of international pay and trade in , with a profound concentration of its incorporate entities located in the Asia-Pacific regionIn increase , Hong Kong is wealthiest city among all the another(prenominal) cities belonging to the Peoples major(ip)ity rule of mainland chinaware in terms of utter(a) 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 ground and Italy and in like manner surpasses the GDP of JapanThe city is as well as ranks as the eleventh largest traffic entity in the world with its value of importees and exports exceeding its own GDP Moreover , this grade , the City of London Corporation s global 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 unitedly with Taiwan , South Korea , and capital of Singapore which are the countries who lease to experienced significantly high industrial and economical growth rates after(prenominal) World contend II , from the 1960s to 1990s up to now , in front the city became th e power tin economy that it is today , Hong! Kong offshoot went through a memoir that was marked by centuries of turbulence 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 various(a) and rich economy that is globally recognizedPre-British periodThe earliest evidences of human closing in Hong Kong can be traced to the Paleolithic Era . However , the city was first collective into mainland China , during the Qin Dynasty . Years ulterior , due to Hong Kong s strategic rank in the sea , the city was then transformed into a trading post and also a naval arme d services base beneath Tong and Sang Dynasty Its years as a part of China began to end however , after the British East India political 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 , spacious Britain , and even Americans realized that China , being an untapped estate , could prove to be a major economic reader 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 to a lower place 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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