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Topic: Economy of Hong Kong

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	EH.Net Encyclopedia: Economic History of Hong Kong
		Hong Kong’s economic and political history has been primarily determined by its geographical location. The territory of Hong Kong is comprised of two main islands (Hong Kong Island and Lantau Island) and a mainland hinterland.
		Hong Kong was profoundly affected by the disastrous events in Mainland China in the inter-war period.
		The economic development of Hong Kong is unusual in a variety of respects. First, industrialization was accompanied by increasing numbers of small and medium-sized enterprises (SME) rather than consolidation. In 1955, 91 percent of manufacturing establishments employed fewer than one hundred workers, a proportion that increased to 96.5 percent by 1975.
	eh.net /encyclopedia/article/schenk.HongKong (824 words)

	Issihk.com - Hong Kong, CHINA - Effective Governance, Vibrant Economy, Caring and Just Society, Enlightened People with ...
		Hong Kong’s legislative organ prior to July 1997 was the 60-member Legislative Council (Legco), 39 of whom were, by 1995, directly elected (20 by public poll, 10 by electoral colleges, and 9 by functional constituencies representing occupational groups), and 21 indirectly elected.
		Hong Kong is south of the Chinese province of Guangdong, on the South China Sea.
		Hong Kong's greatest asset is the deep and well-protected harbor between Hong Kong Island and Kowloon (on the mainland).
	hongkong.issihk.net (5547 words)

	Economy of Hong Kong
		Hong Kong is endeavoring to improve its attractiveness as a commercial and trading center, especially after China's entry into the WTO, and continues to refine its financial architecture.
		Hong Kong, along with the Macau SAR, is also participating in a new pan-Pearl River Delta trade block with nine Chinese provinces, which aims to lower trade barriers among members, standardize regulations, and improve infrastructure.
		Hong Kong residents across the political spectrum supported China's accession to the WTO, believing this would open new opportunities on the Mainland for local firms and stabilize relations between Hong Kong's two most important trade and investment partners, the United States and China.
	infotut.com /geography/Hong-Kong/Economy (1319 words)

	Hong Kong Economy 1998
		Hong Kong's economy is vastly different from that of its regional neighbours.
		Hong Kong tourism to Canada and the numbers of students applying to study in Canada are down.
		Hong Kong's exports continued to slow down in the second quarter of 1998, as intra-regional trade further weakened and growth in mainland exports decelerated as China’s import demands moderated.
	members.tripod.com /Canada_in_China/english/p112h.html (3070 words)

	China - Hong Kong :: Press Releases & Reports :: Hong Kong: Economy 2000 (Site not responding. Last check: 2007-10-11)
		Hong Kong is one of the world's most service-oriented economies: services represent approximately 85% of GDP.
		Hong Kong is the world's fifth largest banking centre; the world's fourth largest source of foreign investment; and has the world's third largest foreign exchange reserves.
		Hong Kong's economy staged a strong rebound in the latter half of 1999, with real GDP returning to positive territory in the 2nd quarter of 1999 (1.1%).
	geo.international.gc.ca /asia/hongkong/reports/epr-en.asp (308 words)

	Hong Kong - Economy
		Hong Kong has been further integrating its economy with China because China's growing openness to the world economy has made manufacturing in China much more cost effective.
		Hong Kong's reexport business to and from China is a major driver of growth.
		GDP growth averaged a strong 5% from 1989 to 2005, but Hong Kong suffered two recessions in the past eight years because of the Asian financial crisis in 1997-1998 and the global downturn in 2001-2002.
	www.exxun.com /HongKong/e_ec.html (587 words)

	NationMaster - Hong Kong Economy statistics (Site not responding. Last check: 2007-10-11)
		Hong Kong has been further integrating its economy with China because China's growing openness to the world economy has increased competitive pressure on Hong Kong's service industries, and Hong Kong's re-export business from China is a major driver of growth.
		GDP growth averaged a strong 5% in 1989-1997, but Hong Kong suffered two recessions in the past 6 years because of the Asian financial crisis in 1998 and the global downturn of 2001-2002.
		The Severe Acute Respiratory Syndrome (SARS) outbreak also battered Hong Kong's economy, but a boom in tourism from the mainland because of China's easing of travel restrictions, a return of consumer confidence, and a solid rise in exports resulted in the resumption of strong growth in late 2003.
	www.nationmaster.com /country/hk-hong-kong/eco-economy (276 words)

	Exports Hong Kong
		The economies of Hong Kong and China are intertwined and it is in the interest of both sides to maintain the conditions that have brought growth in the region.
		Hong Kong, China, and Southeast Asia are the fastest growing economies in the world, and it is to the benefit of the United States to continue to capture a large share of these markets.
		Hong Kong is not only one of the largest markets for U.S. agriculture, but also is one of the markets with the greatest potential for future growth, given its strategic economic positioning as one of the three major cities in the Pearl Delta River Triangle.
	www.library.ca.gov /CRB/97/10/crb97010.html (9118 words)

	CNN.com - Bright news for Hong Kong jobs - September 17, 2002
		Hong Kong is in the midst of grappling with its second recession in four years
		HONG KONG, China -- Hong Kong's beleaguered economy has received a spot of bright news, with the government saying the territory's jobless rate has fallen from a record high.
		Hong Kong's total labor force expanded by 11,500 in June-August, due in part to more school leavers and graduates looking for work, but the total number of employed increased by 12,500.
	archives.cnn.com /2002/BUSINESS/asia/09/17/hongkong.jobless (476 words)

	Hong Kong - Economy
		Hong Kong's continued economic success is thanks to the government's basic policy of minimum intervention and maximum support for businesses.
		Although Hong Kong's natural resources are scarce, it is atoned by its deep-water ports and excellent location that welcomes economic ties from all over the world.
		China's share in Hong Kong's export of foreign-made goods is higher at about 90 percent, making China both the largest market for and the largest source of Hong Kong's goods for re-exports.
	www.marimari.com /content/hong_kong/general_info/economy/main.html (619 words)

	Discover Hong Kong \| Hong Kong Shopping \| Hong Kong Economy (Site not responding. Last check: 2007-10-11)
		Hong Kong is situated on the southeastern coast of China and spreads out about 1,100 square kilometers, including more than 260 Outlying Islands.
		Hong Kong Island lies south of Kowloon, separated by Victoria Harbor, and the New Territories lie north of Kowloon and run up to the boundary with Mainland China.
		Kowloon represents the essence of Hong Kong with its constant buzz of activity.
	www.stayreshongkong.com /about-hongkong1.htm (381 words)

	Economy of Hong Kong - Wikipedia, the free encyclopedia
		However, the dot-com bubble burst in the second half of 2000, the 9/11 terrorist attacks upon the United States in 2001 and the SARS outbreak in 2003 had severely damaged the economy of Hong Kong.
		Hong Kong's Victoria harbour has facilitated rapid development of foreign trade.
		Hong Kong's principal trading partners include Mainland China, the United States, Japan, Taiwan, Germany, Singapore, and South Korea.
	en.wikipedia.org /wiki/Economy_of_Hong_Kong (701 words)

	Global Trade Negotiations Home Page
		Hong Kong has generated a comprehensive body of legislation aimed at protecting intellectual property, and government has taken steps in terms of education campaigns and enforcement to strengthen the protection accorded to it.
		While Hong Kong has demonstrated increased involvement in regional and bilateral trade agreements, including the initiation of free trade agreement negotiations with Mainland China and New Zealand, the authorities stress their commitment to the multilateral trading system.
		Still, Hong Kong is endeavoring to improve its attractiveness as a commercial and trading center, especially after China's entry into the WTO as China's growing openness to the world economy is expected to increase competitive pressure on Hong Kong's vital service industries.
	www.cid.harvard.edu /cidtrade/gov/hongkonggov.html (972 words)

	Economy Of Hong Kong (Site not responding. Last check: 2007-10-11)
		If you would like to use this flag of Hong Kong or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this map of Hong Kong or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this information for Hong Kong or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
	www.appliedlanguage.com /country_guides/hong_kong_country_economy.shtml (525 words)

	Simon World :: Hong Kong libertarian
		So even though Hong Kong was not a democracy before the Communist takeover, it's very tempting to believe that the people of Hong Kong would have voted to retain (if not initially adopt) the free-market policies they had.Hong Kong always scores highly in economic freedom surveys, because such surveys are biased in Hong Kong's favour.
		Hong Kong has had the freest economy in the world since 1970, the earliest year covered by the Economic Freedom of the World data set.
		So even though Hong Kong was not a democracy before the Communist takeover, it's very tempting to believe that the people of Hong Kong would have voted to retain (if not initially adopt) the free-market policies they had.
	simonworld.mu.nu /archives/101824.php (2359 words)

	Toward an Integrating Market: The Future of Hong Kong's Economy and its Interaction with the Chinese Mainland (Site not responding. Last check: 2007-10-11)
		The implementation of the Closer Economic Partnership Arrangement (CEPA) between Hong Kong and Beijing in 2003 was an adjustment of the new Beijing administration's economic policy toward Hong Kong and redefined Hong Kong's role in China's economy.
		The rebound of Hong Kong's economy, and the rapid restoration of confidence in the territory, seemed to validate this adjustment and paved the way for Hong Kong and the Mainland to take full advantage of each other's comparative advantages.
		Hong Kong will be able to reap more benefits from the Chinese market, China can capitalize on Hong Kong's soft powers, and both sides will grow in an accelerating cycle.
	www.brookings.edu /fp/cnaps/papers/zhu20051017.htm (478 words)

	USATODAY.com - Bush, Hong Kong leader discuss economy, rights (Site not responding. Last check: 2007-10-11)
		WASHINGTON (AP) — The economy and religious freedom in Hong Kong were on the agenda for President Bush's meeting Wednesday with the embattled chief executive of the Chinese-ruled territory.
		The president also is watching developments regarding religious freedom in Hong Kong and the Falun Gong movement, the official said, noting that Bush generally supports freedoms long enjoyed in the former British colony.
		Falun Gong remains legal in Hong Kong courtesy of Western-style freedoms left behind by the British, and its practitioners are chafing under China's much stricter rule.
	www.usatoday.com /news/washington/july01/2001-07-11-bush-hongkong.htm (334 words)

	Hong Kong Economy and Asian Crisis (Site not responding. Last check: 2007-10-11)
		"Hong Kong becomes a Special Administrative Region (SAR) of the People's Republic of China on July 1, 1997 in accordance with the 1984 Sino-British Joint Declaration.
		It is composed of three geographic areas: the New Territories, Kowloon Peninsula, and Hong Kong Island.
		Hong Kong (SAR) is cosmopolitan and highly developed.
	faculty.washington.edu /karyiu/Asia/HongKong/Index.htm (86 words)

	Economy in Hong Kong, Hong Kong Economy, Hong Kong Economy Facts, Economic Profile of Hong Kong
		The economy has a free market system with high dependency on the International Trade and Commerce.
		The Gross Domestic Product (Purchasing power parity) of the economy according to the estimated data of July 2005 is $254.2 billion with a real growth rate of 7 %.
		Among the various sectors of the economy the service sector has the highest contribution to the economy.
	www.mapsofworld.com /hong-kong/economy-in-hong-kong.html (170 words)

	Economy of Hong Kong
		After a slump caused by the regionwide Asian financial crisis that began in 1997, Hong Kong's economy has been temporarily on the rebound.
		The banking sector remains solid, and the government is committed to the U.S.-Hong Kong dollar[?] link.
		The economy of Hong Kong has suffered from the SARS outbreak in early 2003.
	www.fastload.org /ec/Economy_of_Hong_Kong.html (515 words)

	T-Salon: Hong Kong Economy: Bull and Bear Views
		Amy, a business journalist/blogger friend in Hong Kong wrote that Hong Kong will have another financial crisis - by next Spring to be precise, quoting a Chinese left-wing academic as saying.
		Either case, both G&M's and Amy's report higlighted Hong Kong's economic growth or bust is determined by the health of mainland's economy.
		Another bullish view: Hong Kong Bull Rush in Newsweek Oct 10th writes that "the enclave is winning the race with Shanghai to become the de facto national stock market of China." For sure, sentiments in the local financial sector are bullish.
	www.t-salon.net /2005/10/hong-kong-economy-bull-and-bear-views.html (201 words)

	Hong Kong
		With the prevailing sanguine external environment, economic activity in Hong Kong, China, is expected to remain intensive.
		The prospects for the Hong Kong, China economy beyond the short-term remain bright, benefiting from the sustained robust growth in China as well as the further economic reform and liberalization in China upon its accession to the World Trade Organization.
		With the earlier concerns about Hong Kong, China’s growth prospects in the wake of the Asian Financial Crisis now alleviated, the trend of GDP growth rate in real terms for the medium-term period is forecast
	www.asia-business-club.de /Landerinfos/Hong_Kong/hong_kong.html (2469 words)

	Business, Economy & Real Estate for Hong Kong
		Hong Kong Future Exchange - Hong Kong Future Exchange - provides diversified markets for trading of futures and options contracts.
		Hong Kong Virtual Office - Hong Kong Virtual Office - Mail Forwarding, voicemail, call answering, fax.
		Allo' Expat Housing Guide in Hong Kong - Allo' Expat Housing Guide in Hong Kong - Allo' Expat Real Estate section has been designed to highlight the main real estate companies in Hong Kong and provide you with a few listings of properties you can check online.
	www.escapeartist.com /hong_kong/hong_kong2.html (762 words)

	Hong Kong Economy 2000 - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International ...
		Economy - overview: Hong Kong has a bustling free market economy highly dependent on international trade.
		The widespread Asian economic difficulties in 1998 hit this trade-dependent economy quite hard, with GDP down 5%.
		The economy is recovering, with growth of 1.8% in 1999 to be followed by projected growth of 3.7% in 2000.
	www.photius.com /wfb2000/countries/hong_kong/hong_kong_economy.html (373 words)

	MND: » Hong Kong’s Economy Expands (Site not responding. Last check: 2007-10-11)
		Hong Kong’s chief government economist, Kwok Kwok-chuen, says the city’s economy grew 6.6 percent in the first half of the year.
		He says growth is likely to remain steady, even if the global economy weakens.
		For the full year, the economy is expected to grow between four and five percent.
	mensnewsdaily.com /2006/08/27/hong-kongs-economy-expands (413 words)

	FT.com \| Surveys \| Hong Kong
		Hong Kong's economy rebounded sharply last year, posting double-digit GDP growth.
		Yet, with China's accession to the World Trade Organisation likely, some believe, to partly disintermediate Hong Kong in its role as the manager and marketer of the mainland's exports, the need to prepare the city for the challenge of China's accession is now being discussed.
		Re-export margins have been trending steadily upwards, driven by the larger volume of mainland trade being processed by Hong Kong.
	surveys.ft.com /hongkong2001 (112 words)

	Hong Kong Economy
		Real GDP expanded by 8.2% in 2004 year-on-year, driven by thriving exports, vibrant inbound tourism and strong pick up of consumer spending.
		By mid-2003, property prices had fallen 66% from their late 1997 peak, but have since rebounded by about 58% from that lower base.
		The American Chamber of Commerce's annual business confidence survey, released in December 2005, showed 98% of respondents had a "good" or "satisfactory" outlook for 2006.
	www.traveldocs.com /hk/economy.htm (532 words)

	GeographyIQ - World Atlas - Asia - Hong Kong - Economy
		By mid-2003, property prices had fallen 66% from their late 1997 peak, but have since rebounded by about 40% from that lower base.
		The shortfall for fiscal year 2003-04 was $5.1 billion or 3.2% of GDP, attributed to both declining revenue and rising expenditures.
		The American Chamber of Commerce's annual business confidence survey, released in November 2003, showed 81% of respondents had a 'good' or 'satisfactory' outlook for 2004.
	www.geographyiq.com /countries/hk/Hong_Kong_economy_summary.htm (599 words)

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