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In Hong Kong and Singapore, due to small domestic markets, domestic prices were linked to international prices. South Korea and Taiwan introduced export incentives for the traded-goods sector. The governments of Singapore, South Korea and Taiwan also worked to promote specific exporting industries, which were termed as an export push strategy.
The World Bank also acknowledges the roles of Chinese special administrative regions Hong Kong and Macau, as well as Taiwan, a country with limited recognition. The Economic Research Institute for Northeast Asia defines the region as "China, Japan, the Koreas , Nepal, Mongolia, and eastern regions of the Russian Federation ".
Taiwan is one of the "Four Asian Tigers" alongside Hong Kong, South Korea and Singapore. As of October 2022, Taiwan is the 21st largest economy in the world by nominal GDP. [428] Since 2001, agriculture constituted less than 2 percent of GDP, down from 32 percent in 1951. [429]
Taiwan, Hong Kong and Macao [a], also known as Hong Kong, Macao and Taiwan [b] is the collective term used by the People's Republic of China for its two special administrative regions Hong Kong and Macao, as well as the Taiwan region, which is claimed as sovereign territory by the PRC but is actually governed by the government of the Republic of China (Taiwanese authorities).
This has caused the distance between Hong Kong Island and Kowloon to decrease. Hong Kong International Airport is the sole public airport in the territory, and is mostly located on reclaimed land on the island of Chek Lap Kok. Politically, Hong Kong is divided into 18 districts, each having a district council. Nevertheless, most public services ...
Russia is the largest country in Asia and the world, ... Hong Kong : 0.01%: 2,755 (1,064) 49 Bahrain: 0.002%: 786 (303) 50 Singapore: 0.002%: 728 (281) ...
With 7.4 million residents of various nationalities [f] in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War.
^ g: Hong Kong and Macau are Special Administrative Regions (SAR) of China. Taiwan (officially the Republic of China) is a de facto state claimed by the PRC. Figures given for China do not include these areas. ^ h: The area of India includes Jammu and Kashmir, a disputed territory contested between India, Pakistan, and China.