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In 1942, the Republic of China repealed the "unequal treaties" and began negotiations with the United Kingdom on the establishment of a new, fairer treaty. The highest authority in China, the Chairman of the Military Affairs Commission of the National Government, Chiang Kai-Shek, attempted to put the issue of Hong Kong onto the two parties' agenda, suggesting that the Kowloon concession should ...
Hong Kong is a free port and has no customs tariff on imported goods, [66] while mainland China does. This offers smugglers an opportunity to take advantage of price differences. Smugglers use speedboats to illegally bring goods from Hong Kong to mainland China without paying tariffs, including meat and ginseng. [67]
Hong Kong is a gateway for foreign direct investment in China, giving investors open access to mainland Chinese markets through direct links with the Shanghai and Shenzhen stock exchanges. The territory was the first market outside mainland China for renminbi-denominated bonds, and is one of the largest hubs for offshore renminbi trading. [251]
Inland China [II] or simply Inland [III] is a political and legal term used in the People's Republic of China. ...
Gambling in China is illegal under Chinese law [1] and has been officially outlawed since the Communist Party took power in 1949. [2] Any form of gambling by Chinese citizens, including online-gambling, gambling overseas, opening casinos overseas to attract citizens of China as primary customers, is considered illegal. [ 3 ]
Sovereignty and the status quo: the historical roots of China's Hong Kong policy (Westview Press, 1990). ISBN 9780367288099; Loh, Christine (2010). Underground front. Hong Kong University Press. ISBN 9789622099968. Mark, Chi-kwan. "To 'educate' Deng Xiaoping in capitalism: Thatcher's visit to China and the future of Hong Kong in 1982".
1906: China and Japan Telephone and Electric Company acquired a 25-year franchised licence on fixed-line. [11] 1925: China and Japan Telephone and Electric Company was acquired [12] by Hong Kong Telephone Company Limited (HKTC). The government also granted HKTC a 50 years franchised licence on telephone service.
During the 2014-2015 racing season the Hong Kong Jockey Club attracted about HK$138.8 million (US$17.86 million) per race more that any other track in the world. Hong Kong Jockey Club broke its own record during the 2016-2017 season with a turnover of HK$216.5 billion and paid the government HK$21.7 billion in duty and profits tax, an all-time ...