Hong Kong Special Administrative
Region of the People's Republic of China - Hong Kong
Sonderverwaltungszone Hongkong der Volksrepublik China

A peninsula and island at the mouth of the Zhu Jiang River in southeast China. Hong Kong was a British dependency from 1842 to 1997. On July 1, 1997, it was transferred to China, which administers it as a Special Administrative Region. Under British rule, Hong Kong became one of the most active seaports in the Far East. The colony's economy boomed after World War II, as its light manufacturing and banking industry flourished. During the 1970s, Hong Kong came to enjoy one of the highest per capita incomes in the world. In 1984, Britain and China agreed upon Hong Kong's return to China and began a process of transition, with guarantees of the territory's political and economic freedoms. Since Hong Kong's return to China, political opposition has been curtailed and the number of voters reduced. A degree of autonomy remains, however, and Hong Kong continues to maintain its own currency and issues its own stamps.    


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