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Hong Kong Vacation Trips
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Hong Kong 20th Century Onwards
During the first half of the 20th century, Hong Kong was a free port, serving as an entrepôt of the British Empire. The British introduced an education system based on their own model, while the local Chinese population had little contact with the European community of wealthy tai-pans settled near Victoria Peak.
In conjunction with its military campaign in the Second World War, the Empire of Japan invaded Hong Kong on 8 December 1941. The Battle of Hong Kong ended with British and Canadian defenders surrendering control of the colony to Japan on 25 December. During the Japanese occupation, civilians suffered widespread food shortages, rationing, and hyper-inflation due to forced exchange of currency for military notes. Hong Kong lost more than half of its population in the period between the invasion and Japan's surrender in 1945, when the United Kingdom resumed control of the colony.
Hong Kong's population recovered quickly as a wave of migrants from China arrived for refuge from the ongoing Chinese Civil War. When the People's Republic of China was proclaimed in 1949, more migrants fled to Hong Kong in fear of persecution by the Communist Party. Many corporations in Shanghai and Guangzhou also shifted their operations to Hong Kong.
As textile and manufacturing industries grew with the help of population growth and low cost of labour, Hong Kong rapidly industrialised, with its economy becoming driven by exports, and living standards rising steadily. The construction of Shek Kip Mei Estate in 1953 marked the beginning of the public housing estate programme, designed to cope with the huge influx of immigrants. Trade in Hong Kong accelerated even further when Shenzhen, immediately north of Hong Kong, became a special economic zone of the PRC, and established Hong Kong as the main source of foreign investment to China. With the development of the manufacturing industry in southern China beginning in the early 1980s, Hong Kong's competitiveness in manufacturing declined and its economy began shifting toward a reliance on the service industry, which enjoyed high rates of growth in the 1980s and 1990s, and absorbed workers released from the manufacturing industry.
In 1983, Hong Kong was reclassified from a British crown colony to a dependent territory. However with the lease of the New Territories due to expire within two decades, the governments of Britain and China were already discussing the issue of Hong Kong's sovereignty. In 1984 the two countries signed the Sino-British Joint Declaration, agreeing to transfer sovereignty to the People's Republic of China in 1997, and stipulating that Hong Kong would be governed as a special administrative region, retaining its laws and a high degree of autonomy for at least fifty years after the transfer. The Hong Kong Basic Law, which would serve as the constitutional document after the transfer, was ratified in 1990, and the transfer of sovereignty occurred at midnight on 1 July 1997, marked by a handover ceremony at the Hong Kong Convention and Exhibition Centre.
Hong Kong's economy was affected by the Asian financial crisis, and the H5N1 avian influenza, both in 1997. After a gradual recovery, Hong Kong suffered again due to an outbreak of SARS in 2003. Today, Hong Kong continues to serve as an important global financial centre, but faces uncertainty over its future role with a growing mainland China economy, and its relationship with the PRC government in areas such as democratic reform and universal suffrage.
Hong kong Island Trips also showcase a unique blend of travel and leisure photos and stories, updates, events and announcements about roads, shopping malls, hotels, bed and breakfast, restaurants, groceries and more. Not just a travel guide but one-of-a-kind discovery of people and places.
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