To reduce the trade imbalance, the British marketed massive amounts of Indian opium to China. Faced with a drug crisis, Qing officers pursued ever additional aggressive steps to halt the opium trade.[fifty seven]
as being the mainland liberalised its overall economy, Hong Kong's shipping and delivery market faced powerful Level of competition from other Chinese ports. Fifty for each cent of China's trade products had been routed by way of Hong Kong in 1997, dropping to about 13 per cent by 2015.[216] The territory's minimal taxation, common legislation technique, and civil provider draw in overseas businesses wishing to determine a existence in Asia.
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Hong Kong has become a Exclusive administrative area of China due to the fact 1997, with government, legislative, and judicial powers devolved in the nationwide govt.[90] The Sino-British Joint Declaration provided for economic and administrative continuity in the transfer of sovereignty,[75] resulting in an government-led governing program mainly inherited within the territory's background as a British colony.
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With number of organic lakes and rivers, high populace density, inaccessible groundwater sources, and intensely seasonal rainfall, the territory doesn't have a trusted supply of fresh drinking water.
Political debates following the transfer of sovereignty have centred around the area's democratic improvement along with the central govt's adherence to your "1 nation, two devices" basic principle. immediately after reversal of the last colonial era Legislative Council democratic reforms following the handover,[eighty one] the regional government unsuccessfully tried to enact national safety legislation pursuant to posting 23 of the Basic legislation.[eighty two] The central authorities choice to employ nominee pre-screening in advance of allowing for Chief Executive elections activated a number of protests in 2014 which grew to become often known as the Umbrella Revolution.
The Joint Declaration assures The fundamental legislation for fifty yrs after the transfer of sovereignty.[75] it doesn't specify how Hong Kong might be governed right after 2047, and also the central government's job in determining the territory's future program of presidency is the topic of political debate and speculation.
financial and infrastructure integration with China has increased appreciably Because the 1978 get started of industry liberalisation on the mainland. considering the fact that resumption of cross-boundary prepare services in 1979, several rail and street links are already improved and made (facilitating trade concerning locations).[210][211] The nearer Partnership financial Arrangement formalised a plan of absolutely free trade concerning the two places, with Each individual jurisdiction pledging to remove remaining hurdles to trade and cross-boundary expenditure.
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The territory is split into 18 districts, each represented by a district council. These recommend the government on community challenges for instance public facility provisioning, Group programme maintenance, cultural marketing, and environmental coverage.
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