To lessen the trade imbalance, the British offered massive amounts of Indian opium to China. confronted with a drug crisis, Qing officials pursued at any time extra intense steps to halt the opium trade.[fifty seven]
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Hong Kong is characterised as being a hybrid of East and West. Traditional Chinese values emphasising spouse and children and education blend with Western ideals, together with financial liberty and the rule of law.[257] Although the vast majority from the population is ethnically Chinese, Hong Kong has made a definite identity. The territory diverged in the mainland due to its extended period of colonial administration and another speed of financial, social, and cultural improvement. Mainstream lifestyle is derived from immigrants originating from different elements of China. This was motivated by British-model education, a individual political system, as well as the territory's immediate improvement through the late 20th century.
[33][34][37] "Fragrant" may possibly seek advice from the sweet flavor in the harbour's freshwater influx in the Pearl River or into the odour from incense factories lining the coast of northern Kowloon. The incense was saved close to Aberdeen Harbour for export right before Victoria Harbour designed.[37] Sir John Davis (the 2nd colonial governor) supplied an alternative origin; Davis mentioned that the title derived from "Hoong-keang" ("crimson torrent"), reflecting the colour of soil around which a waterfall within the island flowed.[38]
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With handful of purely natural lakes and rivers, substantial population density, inaccessible groundwater sources, and very seasonal rainfall, the territory doesn't have a reliable supply of fresh new h2o.
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The government has experienced a passive part in the economic climate. Colonial governments experienced tiny industrial policy, and applied Pretty much no trade controls. underneath the doctrine of "constructive non-interventionism", submit-war administrations intentionally prevented the immediate allocation of means; Lively intervention was considered detrimental to economic advancement.
The Hong Kong Jockey Club, the territory's major taxpayer,[288] features a monopoly on gambling and provides more than seven per cent of government profits.[289] 3 types of gambling are lawful in Hong Kong: lotteries and betting on horse racing and football.[288] education and learning
Tong lau, combined-use tenement properties made during the colonial period, blended southern Chinese architectural kinds with European influences. These were Primarily prolific throughout the rapid put up-war interval, when numerous had been swiftly developed to house substantial numbers of Chinese migrants.
[216] the town has the next-highest number of corporate headquarters during the Asia-Pacific region.[217] Hong Kong is usually a gateway for international immediate investment decision in China, giving traders open use of mainland Chinese markets through direct inbound links Together with the Shanghai and Shenzhen stock exchanges. The territory was the initial sector outside the house mainland China for renminbi-denominated bonds, and is probably the most significant hubs for offshore renminbi investing.[218]
Hong Kong is a highly developed territory and ranks fourth around the UN Human enhancement Index.[29] The city also has the most important quantity of skyscrapers of any metropolis in the world,[30] and its inhabitants have many of the highest existence expectancies on earth.
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