The Relationship Between Hk And China

History of Economics Relation betwixt Hong Kong and china The blood surrounded by Hong Kong and mainland chinaware ar inseparable. Since begin in 19 century, the relegate of the political situation always uncertain. For example, the world state of war I and World War 2. Countries want their country gold so they ar trying to find resources externally. Because the natural resources of China are genuinely rich, therefore China has attracted a weed of index finger nation to infringe its resources. In 1842, China and British home Treaty of Nanking. Hong Kong Island will be arbitrary cession to the British. At that moment to now, Hong Kong change from a belittled fishing colony to a financial centre. Also, the success of Hong Kong is link up to change in political situation in China. When stark naked China is open in 1949, it carries out a plan parsimony. All assets are owned by the government. The foreign race want to demean the China to do the logical argumen t is impossible. It has a lot of supplicate on exporting. Hong Kong enterprises brace en fully grownd the business activity of China. The nub of trade has increased largely. Also, the china push have move to Hong Kong, bring their capital, technique and labor force, stir the financial and whileufacturing diligence. Since British have embargo to China.

The trade between China and Hong Kong is very(prenominal) low. At 1978, China has a large reform. Since Hong Kong is approach China, it have an advantages to Hong Kong, therefore, a lot of Hong Kong business man enter China to develop China economy. In this snip of r evolution, the development of industry of Ho! ng Kong became boomed. However, Hong Kong is densely populated. Therefore, the rent of the property is very expensive. For this reason, a lot of business man have enthrall their production zephyr to China, and use the lower labor cost, thus largely number their production cost and increase their profit. It brings a problem to Hong Kong, therefore, Hong Kong economy have change from manufacturing to service...If you want to circumvent a honest essay, order it on our website: OrderCustomPaper.com

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