History of city since Opium Wars (1939-1942), British rule, economic & political development, trade, relations with China, treaties, focusing on turnover of city to Chinese in 1997.
The British Crown Colony of Hong Kong reverts to the possession of the Peoples Republic of China (PRC) on July 1, 1997. The colony will become a... more
The British Crown Colony of Hong Kong reverts to the possession of the Peoples Republic of China (PRC) on July 1, 1997. The colony will become a Special Administrative Region (SAR), which will continue to enjoy an open, capitalist economy, and a degree of political freedom, unique in the PRC. Hong Kong, with one of the most unusual histories of all Western colonies, carries a political and economic legacy from its 155 years as a British colony. Under the British, the tiny island became one of the most important banking and commercial centers in the world. Despite its thriving economy, and the imminent departure of the British, however, the colony did not develop along the same parliamentary-democratic lines as most British colonies. Instead, the governors of Hong Kong, with the aid of a strong bureaucracy, and the colony's elites retained control over most