To reduce the trade imbalance, the British marketed massive quantities of Indian opium to China. confronted with a drug crisis, Qing officers pursued at any time much more intense actions to halt the opium trade.[57]
As the mainland liberalised its financial system, Hong Kong's transport industry faced extreme Levels of competition from other Chinese ports. Fifty for every cent of China's trade products ended up routed by way of Hong Kong in 1997, dropping to about 13 for each cent by 2015.[216] The territory's small taxation, popular legislation process, and civil services draw in abroad corporations wishing to establish a presence in Asia.
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initially a sparsely populated space of farming and fishing villages,[16] the territory is now on the list of environment's most vital financial centres and professional ports.[21] it truly is the entire world's tenth-greatest exporter and ninth-major importer.[22][23] Hong Kong has A significant capitalist assistance economic climate characterised by low taxation and cost-free trade, and its forex, the Hong Kong greenback, may be the eighth most traded forex on earth.
Hong Kong represents itself separately from mainland China, with its have sporting activities teams in Intercontinental competitions.[282] The territory has participated in virtually every summertime Olympics considering the fact that 1952, and has gained 3 medals.
With handful of purely natural lakes and rivers, high populace density, inaccessible groundwater resources, and intensely seasonal rainfall, the territory doesn't have a reputable source of refreshing water.
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The Hong Kong Jockey Club, the territory's major taxpayer,[288] includes a monopoly on gambling and delivers above seven for every cent of presidency earnings.[289] 3 sorts of gambling are legal in Hong Kong: lotteries and betting on horse racing and football.[288] schooling
Tong lau, blended-use tenement structures made in the course of the colonial period, blended southern Chinese architectural variations with European influences. These were being Primarily prolific during the instant put up-war period, when a lot of ended up fast created to house massive quantities of Chinese migrants.
Hong Kong incorporates a really made, subtle transport network. about ninety for each cent of day by day excursions are created on community transport, the highest percentage on the globe.
Hong Kong has a humid subtropical weather (Köppen Cwa), attribute of southern China. summer time is warm and humid, with occasional showers and thunderstorms and warm air through the southwest. Typhoons arise most frequently then, occasionally leading to floods or landslides. Winters are delicate and typically sunny in the beginning, getting to be cloudy to February; an occasional chilly front provides strong, cooling winds within the north. essentially the most temperate seasons are spring (which may be changeable) and autumn, which is normally sunny and dry.
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