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Hong Kong and Singapore — where I grew up — are often compared to one another. Both cities have high population densities, serve as global financial hubs, and are known for being expensive.
Singapore, its long-time regional rival, came in first as its score held steady compared to last year.“Hong Kong’s economy was rated the freest in the world from 1995 through 2019.
Both Hong Kong (the Special Administrative Region of the People's Republic of China) and the Republic of Singapore are former British colonies which have maintained trade relations since the 19th century, and have both become an important financial centre, maintaining diplomatic missions and trade offices to further their bilateral relations.
Vienna 1, Singapore 25, Tokyo 49, Seoul 77, Shanghai 103 Monocle – Quality of Life Survey: 2016 & 18 & 25+ Tokyo 1, Singapore 20 The Economist - Where-to-be-born Index: 2013 & 10 80 Singapore 6, S.Korea 19, Japan 25, M.China 49 Legatum Prosperity Index: 2019 & 15 & 167 Denmark 1, Singapore 16, Japan 19, China 57 Arcadis - Sustainable Cities ...
Hong Kong, and Singapore introduced trade regimes that were neoliberal in nature and encouraged free trade, while South Korea and Taiwan adopted mixed regimes that accommodated their own export industries. In Hong Kong and Singapore, due to small domestic markets, domestic prices were linked to international prices.
This is a list of countries by Internet connection speed for average and median data transfer rates for Internet access by end-users. The difference between average and median speeds is the way individual measurements are aggregated.
China has its embassy on Tanglin Road in Singapore, while Singapore's embassy in Beijing on Jianguomen Wai Avenue, Chaoyang District was established in 1990, [39] and it has Consulates-General in Chengdu, Guangzhou, Shanghai, and Xiamen, as well as Hong Kong, known during the era of British rule as the Singapore Commission. [40]
In 2009, Hong Kong's real economic growth fell by 2.8% as a result of the Great Recession. [33] By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York City and Rotterdam in terms of container throughput. Hong Kong is a full Member of the World Trade Organization. [34]