Posted by: oliviapontet | May 14, 2012

Hong Kong

Hong Kong skyline from the Peak

Hong Kong skyline from the Peak (Photo credit: xopherlance)

Hong Kong (Chinese: 香港, pinyin: xiānggǎng, Cantonese Yale: Hēunggóng, literally “wearing scented” or “fragrant harbor”), officially the Special Administrative Region of Hong Kong to the People’s Republic of China, is the largest and most populous of the two special administrative regions (SARs) of the People’s Republic of China (PRC), the other being Macau. It has about seven million people called Hong Kong.

Hong Kong is located on the eastern shore of the Pearl River on the south coast of China and is washed by the South China Sea. It borders the province of Guangdong to the north. Hong Kong is the richest city in China, its economy is one of the most liberal in the world. It is a financial and commercial global hub.

British colony from the Treaty of Nanking (1842), returned to China in 1997 or 155 years later, Hong Kong remains fundamentally different from the rest of China. Particular Basic Law determines its political system. It follows the principle of “one country, two systems”, which allows Hong Kong to maintain its legal system, its currency, its political system, international sports teams and immigration laws. Under the terms of the Sino-British Joint Declaration, China has promised that Hong Kong would retain a degree of autonomy until at least 2047, 50 years after the transfer of sovereignty.

The city has 20,500 UK residents (there were 25,500 in 1996). The majority is composed of expatriates employed by multinational companies or entrepreneurs settled with their families. Since the handover, the streets have kept their name twice, in English and Cantonese.

Emblem of Hong Kong

Emblem of Hong Kong (Photo credit: Wikipedia)

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