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Tag Archive | "Hong Kong"

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Hong Kong

Posted on 12 March 2008 by Corporate Executive

Hong Kong, the administrative region of China, consists of a mainland portion located on the nation’s southeastern coast and about 235 islands. Hong Kong is bordered on the north by Guangdong Province and on the east, west, and south by the South China Sea. Hong Kong was a British dependency from the 1840s until July 1, 1997, when it was passed to Chinese sovereignty as the Hong Kong Special Administrative Region (SAR). The British control of Hong Kong began in 1842, when China was forced to cede Hong Kong Island to Britain after the First Opium War. In 1984, Britain and China signed the Sino-British Joint Declaration, which stipulated that Hong Kong return to Chinese rule in 1997 as the Hong Kong Special Administrative Region (SAR) of China. The Joint Declaration and a Chinese law called the Basic Law, which followed in 1990, allow for the SAR to operate with a high degree of economic autonomy for 50 years beyond 1997.
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