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instantly following the transfer, Hong Kong was severely affected by numerous crises. The government was compelled to utilize substantial international-exchange reserves to keep up the Hong Kong dollar's currency peg in the 1997 Asian economic crisis,[sixty nine] as well as the Restoration from this was muted by an H5N1 avian-flu outbreak[seventy eight] in addition to a housing surplus.
initially a sparsely populated location of farming and fishing villages,[sixteen] the territory happens to be among the list of entire world's most vital monetary centres and commercial ports.[21] It is the world's tenth-largest exporter and ninth-major importer.[22][23] Hong Kong has A significant capitalist assistance financial state characterised by reduced taxation and no cost trade, and its forex, the Hong Kong greenback, may be the eighth most traded currency on the earth.
Hong Kong signifies alone independently from mainland China, with its individual athletics teams in Intercontinental competitions.[282] The territory has participated in almost every Summer Olympics given that 1952, and it has earned three medals.
With few natural lakes and rivers, higher inhabitants density, inaccessible groundwater resources, and extremely seasonal rainfall, the territory doesn't have a trusted supply of new water.
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Economic and infrastructure integration with China has amplified appreciably since the 1978 start out of market place liberalisation on the mainland. due to the fact resumption of cross-boundary train company in 1979, several rail and street one-way links are already enhanced and produced (facilitating trade in between regions).[210][211] The Closer Partnership Economic Arrangement formalised a plan of cost-free trade in between the two regions, with Every jurisdiction pledging to remove remaining hurdles to trade and cross-boundary expenditure.
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國安法生效後（上）中國有冇違反《中英聯合聲明》？英國幾大可能訴諸聯合國？ prediksi togel sd
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