To reduce the trade imbalance, the British offered huge quantities of Indian opium to China. Faced with a drug crisis, Qing officials pursued at any time extra intense actions to halt the opium trade.[57]
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Immediately following the transfer, Hong Kong was severely influenced by quite a few crises. The government was compelled to implement sizeable international-exchange reserves to take care of the Hong Kong dollar's currency peg throughout the 1997 Asian economical disaster,[sixty nine] as well as the Restoration from this was muted by an H5N1 avian-flu outbreak[78] and a housing surplus.
[33][34][37] "Fragrant" may perhaps consult with the sweet style on the harbour's freshwater inflow with the Pearl River or towards the odour from incense factories lining the Coastline of northern Kowloon. The incense was saved near Aberdeen Harbour for export before Victoria Harbour developed.[37] Sir John Davis (the 2nd colonial governor) available an alternative origin; Davis explained the title derived from "Hoong-keang" ("purple torrent"), reflecting the colour of soil above which a waterfall within the island flowed.[38]
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Hong Kong is governed by a hybrid regime that is not absolutely agent in the population. Legislative Council users elected by useful constituencies composed of Expert and special interest teams are accountable to Individuals slim corporate electorates and never the general public. This electoral arrangement has guaranteed a professional-institution vast majority in the legislature since the transfer of sovereignty. equally, the Chief Executive is selected by institution politicians and corporate associates of the Election Committee as opposed to right elected.
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Although the territory had amongst Asia's most significant manufacturing economies in the latter half of the colonial era, Hong Kong's economy is currently dominated through the provider sector. The sector generates 92.7 for each cent of financial output, with the general public sector accounting for approximately ten per cent.
The government maintains a coverage of "mother tongue instruction"; most faculties use Cantonese as the medium of instruction, with penned education and learning in equally Chinese and English.
Tong lau, combined-use tenement structures created in the colonial period, blended southern Chinese architectural variations with European influences. These were In particular prolific in the immediate article-war interval, when many had been promptly crafted to accommodate massive numbers of Chinese migrants.
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The territory is split into 18 districts, Just about every represented by a district council. These advise The federal government on community challenges including general public facility provisioning, Neighborhood programme maintenance, cultural promotion, and environmental coverage.
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