The Relationship Between Hk And China

History of Economics Relation betwixt Hong Kong and china
The relationship between Hong Kong and China ar inseparable. Since begin in 19 century, the relegate of the political situation always uncertain. For example, the world War I and World War 2. Countries want their country prosperous so they ar trying to find resources externally. Because the natural resources of China are genuinely rich, therefore China has attracted a potbelly of index finger nation to infringe its resources. In 1842, China and British home Treaty of Nanking. Hong Kong Island will be unconditional cession to the British. At that moment to now, Hong Kong change from a small fishing colony to a financial centre. Also, the success of Hong Kong is related to change in political situation in China.
When new China is open in 1949, it carries out a planned parsimony. All assets are owned by the government. The foreign people want to demean the China to do the business is impossible. It has a lot of supplicate on exporting. Hong Kong enterprises brace enlarged the business activity of China. The nub of trade has increased largely. Also, the china labor have move to Hong Kong, bring their capital, technique and labor force, stimulate the financial and manufacturing diligence.
Since British have embargo to China.



The trade between China and Hong Kong is very 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 time of revolution, the development of industry of Hong 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 transfer 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 get a honest essay, order it on our website: Orderessay



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