Effect of Take over of Hong Kong by China

Effect of take everywhere of Hong Kong by China

INTRODUCTION

Hong Kong, officially called Hong Kong redundant(prenominal) Administrative Region is located on Chinas south coast, 60 km east of Macau on the opposite side of the beading River Delta. It is surrounded by the South China Sea on the east, south, and west, and borders the city of Shenzhen in Guangdong Province to the north over the hazard Chun River. The territorys 1,104 km2 (426 sq mi)[1] land bea consists primarily of Hong Kong Island, Lantau Island, Kowloon Peninsula and the New Territories as hygienic as some 260 other islands.

After more than cl years of British colonial rule from 1841 to 1997, Hong Kong was handed over to Peoples Republic of China on inaugural July 1997. Both China and United Kingdom signed the Sino-British spliff Declaration, according to which Hong Kong would be governed as a special administrative region of China, retaining its laws and a high degree of autonomy for at least fifty years after the transfer chthonic one country, two organizations policy. In accordance with this agreement amid Peoples Republic of China and United Kingdom, Hong Kong enjoys a high degree of autonomy as a special administrative region of China in all areas yet defense and foreign affairs.



China will not interrupt in any internal affair of Hong Kong but in case of defense and foreign affairs China end make its own decisions. The declaration stipulates that the SAR (Special Administrative Region) maintain its capitalistic economic system and guarantees the rights and acquitdoms of its people for at least 50 years beyond the 1997 handover. Capitalist Economy (Capitalism) is the economic system in which the means of production are owned by private persons, and operated for profit and where investments, distribution, income, production and pricing of goods and services are predominantly determined through the operation of a free market, rather than by central economic planning [2]. The basic Law is the constitutional document that...If you want to get a full essay, order it on our website: Orderessay



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