Economics
Study Notes
The Hong Kong Economy - 20 Years On
- Level:
- AS, A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 1 Jul 2017
In 1997 China resumed control of Hong Kong from Britain. How has the economy developed over the last twenty years? This reference note collects some articles and videos to mark the twentieth anniversary of the transfer of sovereignty.
Hong Kong since the handover in charts https://t.co/dWb5c83eqZ
— Financial Times (@FinancialTimes) June 28, 2017
Hong Kong is a special administrative region of China, following a distinctively liberal economic model due to its history within the British Empire. “One country, two systems” is the political doctrine under which China permitted the former colony to maintain its political and economic independence within the People's Republic for 50 years after the handover in 1997.
average income per capita in Hong Kong was 28% of that of Britain in 1960, but 137% in 1997, year of the handover https://t.co/UoucvdE0HM
— Linda Yueh (@lindayueh) July 1, 2017
#HongKong & the finance minister behind its economic transformation - new book on Sir John Cowperthwaite @LPPbooks https://t.co/bKGppTd4VW pic.twitter.com/3mJ8pDLGqG
— Romesh Vaitilingam (@econromesh) June 30, 2017
Milton Friedman's favourite policy-maker: finance minister Sir John Cowperthwaite, architect of #HongKong prosperity https://t.co/05SY15Zjfb
— Romesh Vaitilingam (@econromesh) July 1, 2017
Articles to read:
CNN: Hong Kong: How a 'barren rock' became an Asian powerhouse
Asia Times: From 1997 to 2017: Hong Kong in pictures
Hong Kong is one of the world's most expensive places to rent a property. Hong Kong came third overall in the latest global survey with rental costs in the city requiring a annual paycheck of $66,713.
Twenty years after the handover to China from Britain, how is Hong Kong's economy faring, asks @qtwebb https://t.co/xDQrUDk0AL pic.twitter.com/Bcf9MfoBV3
— ReutersBreakingviews (@Breakingviews) June 27, 2017
Xi backs ‘One Country, Two Systems’ in Hong Kong – Financial Times https://t.co/XPBTEon45J pic.twitter.com/5UFqLQUY5j
— Hongkong Informer (@hongkonginforme) June 29, 2017
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