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Hong Kong has a really produced, complex transportation network. Over 90 for every cent of daily journeys are made on general public transport, the best share on the globe.
getting started being a farming fishing village and salt production internet site, it turned an important free of charge port and eventually A significant Global economic centre.[1]
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The coming with the Warring States interval introduced an inflow of Yuet persons within the north into the world. They possibly might need averted the instabilities for the north and went south. Bronze fishing, combat, and ritual equipment had been excavated on Lantau Island and Lamma Island.
right away following the transfer, Hong Kong was severely impacted by quite a few crises. The federal government was pressured to use sizeable foreign-exchange reserves to keep up the Hong Kong dollar's currency peg through check this the 1997 Asian economical disaster,[69] plus the Restoration from this was muted by an H5N1 avian-flu outbreak[seventy eight] and a housing surplus.
The stone equipment located in Sai Kung had been perhaps from a stone Resource creating floor. Religious carvings on outlying islands and coastal areas have also been identified, potentially linked to She men and women from the Neolithic.
Irrespective of early opposition towards the ICAC by the law enforcement power, Hong Kong was successful read the full info here in its anti-corruption efforts, inevitably getting to be among the list of minimum corrupt societies on this planet.
substantial squatter camps created throughout the territory supplying properties for The huge and rising range of immigrants. The camps, even so, posed a hearth and overall health hazard, resulting in disasters such as the Shek Kip Mei Fire. Governor Alexander Grantham responded by using a "multi-storey structures" plan as a typical. it absolutely was the start of the superior rise buildings.
[216] The city has the second-greatest number of company headquarters within the Asia-Pacific region.[217] Hong Kong is really a gateway for foreign immediate expenditure in China, giving investors open usage of mainland Chinese marketplaces as a result of immediate one-way links Using the Shanghai and Shenzhen inventory exchanges. The territory was the first market outside mainland China for renminbi-denominated bonds, and is one of the major hubs for offshore renminbi buying and selling.[218]
Elizabeth II's portrait disappeared from banknotes, postage stamps and public workplaces. As of 2017, some pre-1997 cash and banknotes remain authorized tender and are in circulation.