Economic Development Of Hong Kong

British trade with China during the Qing dynasty from 1750 - 1900 was economically harmful for the Chinese, and the Chinese Imperial government responses were political. A document showing a Chinese citizen’s view on the events and how they played out would have helped me to better understand how it affected the people of China’s

policies. Over the years, Hong Kong has been considered the “door to China”, meaning that

Odd Arne Westad’s Restless Empire traces China’s participation with other countries over the past 250 years. Westad disputes that China has an ongoing association with the rest of the world through trading of silks and porcelains, allowing China to dominate the international trade market during the Ming and Qing empires. This significant piece of evidence reflects China’s connection with the outside world contrary to the thought that China has been an isolated society detached from most of the world as evidenced by China’s involuntary participation with the foreign countries which stems from colonialism. The author examines China’s foreign affairs over the past three centuries to provide chronological events that underline the advancement in economic growth of China, leading to the establishment of modern China.

To start off, a historical context will be given with regards to the events leading up to the colonization of Hong Kong. China had been exporting vast quantities of goods, such as porcelain, silk, and tea, to nations in Europe, with Britain taking up most of the exports. However, Britain was dissatisfied with the rate of their export to China. When a country has imports coming in and relatively less exports back to the respective country, the country (Britain, in this case) with imports coming in will lose money to the exporting country (China). As a result of this, Britain attempts to negotiate open trade with China and allow for more imports into

The century during which Hong Kong was a British Colony produced significant changes. In the 1950s, Hong Kong became one of the Four Asian Tiger Economies with rapid industrialization and booming businesses. Hong Kong developed a political and economic system modeled off of the British and was known for its advanced infrastructure and status as a financial hub. As a whole, Hong Kong was better off than China, which created resentment among Hong Kong citizens when Hong Kong was transferred to China in 1997 because there was the possibility of poorer Chinese

In China the conflicts, the first between it and a western nation, are a national wound. The start of a western conspiracy to destroy China with drugs and gun boats. In Britain the wars barely seem to register in public memory. “In the Chinese narrative of the Opium War, you might expect the line between heroes and villains to be a clear one: honourable resisting servants of the Chinese empire on the one hand, wicked British on the other…” (119). In the cause of the Opium War and further examination of the Chinese, Lovell notes how split the court was on the question of an anti-opium crackdown. How chaotic and absent minded the Qing’s military and diplomatic response was, and how politically complex ordinary Chinese reactions were to Britain

For western nations, the Chinese market may be seen as a potential source of wealth. Two Opium wars took place, first in 1839 – 1842, then the second in 1856 -1860. Both wars ended with unequal treaties to distribute China’s port to western powers. The Opium War was perceived as a strategy for the western powers to increase Chinese trade, forcefully opening up the Chinese market. However, there were evidences showing that the outcome of Opium War was not solely trade related. We will first examine these evidences, and then discuss whether foreign powers successfully penetrated the Chinese markets after the Opium War through examining the Treaty Ports and the impact on trade.

From the outset, the British foundation has complicated the Hong Kong residents’ identity and relationship to the rest of China. The Communist Party allowed a one-country, two-system created an empire-like association of Hong Kong natives to the state of China. The Hong Kong demonstrators want “a free and direct election of the chief executive in 2017” (Wong 2014). Yet, many critics think that Hong Kong citizens already have a lot of freedoms. While Hong Kong strives for a more democratic rule, critics form the mainland fear the damage too much democracy can cause to the state. These two drastic points of view develop under one state due to the different approaches to the social cage.

Globalization means to develop or be developed to make possible international influence or operation. Hong Kong has been going through many changes recently which is slowly forcing them to globalize. The globalization of Hong Kong was a key series of events that has taken place in recent years that has significantly changed how Hong Kong has developed. Hong Kong has seen changes in their food culture, global customs and various western products have massively affected their Chinese culture in more ways than one.

Because of a lack of western interaction, the British were pursuing to expand their empires with an Asian coastal port for trading items like tea and opium. Before the 1830s, China’s sole foreign trade consisted of luxury goods including silk

There is a large diversity of people in Hong Kong because it continuously expands in economy and market. This of course, is a big advantage to our industry because although Precious Gems and Stones came in second to the Electronic equipment industries with a high dollar value of $82.4 billion and each export percentage share of 15.7% in terms of global shipments during 2014, the Precious Gems and Stones industry was the fastest growing among the top 10 export categories. It went up 161.1% for the 5-year period which started in 2010. It was also propelled by international sales of unwrought gold and unset diamonds. (worldstopexport.com)

Throughout the past 60 years, Hong Kong’s city planning were tightly dependent on the growth of public housing complexes, and vice versa. Years after the first public housing estate, Shek Kip Mei estate was built, the government has studied and discovered that core districts, Kowloon and the northern part of Hong Kong Island, have been rapidly populated that they are reaching their maximum capacity due to the wave of baby boom and illegal immigrants from Mainland China who escape to Hong Kong for the Cultural Revolution happening in the north . In order to cope with the large numbers of newly arrived residents, the government has decided to develop satellite towns, now renamed as newly planned community and new towns, at the surrounding areas of the traditional core districts. (Hui and Lam, 2005). The source of land for these new towns is often reclaimed grounds. Influenced by the British who were still colonized Hong Kong, the government took a reference of British architect Sir Ebenezer Howard’s idea of the “garden city” in 1898, who suggests that these newly establish, city surrounding areas should plan to be self-contained communities surrounding by greenbelts that include areas of residence, industry and agriculture properties (March, 2004).

Vibrant and colourful, Hong Kong is a metropolis situated in the crossroads of Asia. The city flourishes especially well at financial and service industries, and has a per capita GDP of HK$285,146 (2012), according to official data. Being the world’s 9th largest economy, Hong Kong has a real GDP growth at 1.4% (2012) and is backed up by its 3.79-million labour force. Undeniably, Hong Kong is one of the wealthiest cities in Asia.

Over the last three months, there is a conflict going on between China and Hong Kong, because China 's powerful National People 's Congress Standing Committee revised the law of the way that Hong Kong picks its chief executive This policy made the people in Hong Kong extremely discontented, afterwards, many extremists in Hong Kong start the protest to fight against the Chinese government. There is no exact answer of which side is right until now. This paper is mainly supporting China side, and provide reasons why Hong Kong should make a concession for their economic development.

The service industry of Hong Kong grows rapidly under globalization. According to the statics from Hong Kong government, service industry occupied 93% Gross Domestic Product (GDP) of Hong Kong. Therefore, it is easy to get an opportunity to work into the service industry, especially for part time. During the previous semester break, I was employed by a Hong-Kong Tea House & Restaurant as a part-time Crew. I was responsible in serving my customers. And this report is talking about the conflict with my customer. It contains three parts. Firstly, I would briefly describe the conflict. Secondly, I would analyze the possible causes of the conflict. And lastly, there is a self-reflection on my communication skills and explain how to settle and handle maladaptive communication.