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Taiwan, Hong Kong and Macao, [a] also known as Hong Kong, Macao and Taiwan [b] is the collective term used by the People's Republic of China for its two special administrative regions Hong Kong and Macao, as well as the Taiwan region, which is claimed as sovereign territory by the PRC but is actually governed by the government of the Republic of China (Taiwanese authorities).
Hong Kong, Mainland and Hong Kong Closer Economic Partnership Arrangement (2003) Macau, Mainland and Macau Closer Economic Partnership Arrangement (2003) Chile, China-Chile Free Trade Agreement (2006) Pakistan, China-Pakistan Free Trade Agreement (2006) [14] New Zealand, China-New Zealand Free Trade Agreement (2008) [15]
Hong Kong: 29 June 2003 29 June 2003 Closer Economic Partnership Agreement [2] Macau: 18 October 2003 18 October 2003 Closer Economic Partnership Agreement [3] Chile: 18 November 2005 1 October 2006 Free Trade Agreement [4] 11 November 2017 Upgraded Protocol Pakistan: 24 November 2006 7 July 2007 Free Trade Agreement [5] 28 April 2019 1 January ...
The term encompass "linkages among regional Chinese communities", [7] [8] but usually refers to an area encompassing the People’s Republic of China (mainland China, Hong Kong, Macau) and the Republic of China (known as Taiwan), places where the majority population is culturally Chinese.
Typhoon Usagi, known in the Philippines as Super Typhoon Odette, was a tropical cyclone which affected Taiwan, the Philippines, China, and Hong Kong in September 2013. Usagi (ウサギ, "Rabbit"), which refers to the constellation Lepus in Japanese, was the fourth typhoon and the nineteenth tropical storm in the basin.
Moreover, the currency board, Monetary Authority of Macao (AMCM), has a statutory obligation to issue and redeem pataca on demand against Hong Kong dollar at a fixed exchange rate and without limit. The pataca is pegged to the Hong Kong dollar at a rate of 1.03 MOP per HKD, which is maintained by the AMCM. [32] Each pataca divides into 100 avos.
Following in the footsteps of Hong Kong; South Korea, Taiwan, and the city-state of Singapore soon industrialized thanks to capitalist and open policies by their efficient governments. By 1997, Hong Kong, Taiwan, and South Korea joined Japan as developed economies in East Asia, while Singapore became the sole developed economy in Southeast Asia.
Current China-Taiwan traffic channels about 60% of its traffic via Hong Kong, 30% via Macau, and the rest via other points such as Jeju. In 1997, the Taipei-Hong Kong air route alone constituted one-sixth of the passengers handled at the Hong Kong Airport with five million passengers, [ 40 ] and by 2001, this figure has jumped to 6.7 million.