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Hong Kong is the ninth largest trading entity in exports and eighth largest in imports (2021), [231] [232] trading more goods in value than its gross domestic product. [231] [232] Over half of its cargo throughput consists of transshipments (goods travelling through Hong Kong). Products from mainland China account for about 40% of that traffic ...
In 1942, the Republic of China repealed the "unequal treaties" and began negotiations with the United Kingdom on the establishment of a new, fairer treaty. The highest authority in China, the Chairman of the Military Affairs Commission of the National Government, Chiang Kai-Shek, attempted to put the issue of Hong Kong onto the two parties' agenda, suggesting that the Kowloon concession should ...
Hong Kong is a free port and has no customs tariff on imported goods, [66] while mainland China does. This offers smugglers an opportunity to take advantage of price differences. Smugglers use speedboats to illegally bring goods from Hong Kong to mainland China without paying tariffs, including meat and ginseng. [67]
Hong Kong on Tuesday formally began the process to enact a controversial homegrown national security law in a move that could have deep ramifications for the city’s status as a global financial hub.
Hong Kong independence is the notion of Hong Kong as a sovereign state, independent from the People's Republic of China (PRC). Hong Kong is a special administrative region (SAR) of China and is thus granted a high degree of de jure autonomy, as stipulated by Article 2 of the Hong Kong Basic Law ratified under the Sino-British Joint Declaration. [2]
The Hong Kong government was given the green light on Wednesday to appeal a court's refusal to ban a protest song, after government lawyers cited national security concerns. “Glory to Hong Kong ...
Likewise, the Hong Kong dollar is not accepted in stores in mainland China. With this arrangement, a permit or special visa (Chinese: 簽注) is required when passing between the borders of Hong Kong and mainland China, and people in Hong Kong hold Hong Kong SAR passports rather than Chinese passports.
An appeals court on Wednesday granted the Hong Kong government's request to ban a popular protest song, overturning an earlier ruling and deepening concerns over the erosion of freedoms in the ...