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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).
GTT Communications, Inc. (GTT), formerly Global Telecom and Technology, is a Network as a Service (NaaS) and Security as a Service (SECaaS) provider headquartered in Arlington, Virginia. GTT operates a Tier 1 IP network and provides Internet ; wide area networking , SD-WAN ; network security , voice and video transport services.
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.
Malaysia Airlines aircraft in Taiwan. The total trade between Taiwan and Malaysia has always increased, from $678.3 million in 1985 to $2.10 billion in 1990, and from $5.85 billion in 1995 to $7.26 billion in 1997. [9] The total reached $9.48 billion in 2004, with Malaysian exports worth around $5.4 billion and Taiwanese exports at US$4 billion.
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]
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.
Tsuyoshi Nojima stated that Hong Kong and Taiwan serve as "canaries in the coal mine" for how foreign countries, including Japan, might respond to China. In this context, he remarked, "The Tibet and Xinjiang of the day before yesterday, yesterday's Hong Kong, today's Ukraine, tomorrow's Taiwan, and the day after tomorrow's Japan". [26] [27]
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.