The economy of Hong Kong is a highly developedfree-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority.
Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12%), Software (12%) and Advertising (11%) companies comprising the majority. The Economic Freedom of the World Index lists Hong Kong as the freest economy, with a score of 8.58 based on data from 2022. (Full article...)
Enjoying wide popularity during her tenure and often dubbed as "Iron Lady" and the "Conscience of Hong Kong", Chan became increasingly outspoken about pushing for a faster pace of the democratisation in Hong Kong and defending the autonomy of Hong Kong. Supported by the pan-democracy camp, she stood in the 2007 Hong Kong Island by-election and briefly served as member of the Legislative Council. After her retirement in 2008, she continued to lobby domestically and internationally for democracy and autonomy of Hong Kong, until her retirement from public life entirely in 2020. (Full article...)
Image 2Main building of University of Hong Kong; Being a former British colony, Hong Kong naturally has a lot of British architecture, especially in government buildings. (from Culture of Hong Kong)
Image 3A political advertisement written in Cantonese (from Culture of Hong Kong)
Image 13Pang uk in Tai O; Pang uks were built by Tanka people, who had the traditions of living above water and regarding it as an honour. (from Culture of Hong Kong)
Image 16Lion Rock is also symbolic of Hong Kong. Hong Kongers has a term - "Beneath the Lion Rock" (獅子山下) - which refers to their collective memory of Hong Kong in the second half of the 20th century. (from Culture of Hong Kong)
Image 18Wing Lung Wai, a walled village in Kam Tin; Hong Kong indigenous people built walled villages to protect themselves from rampant privates between 15th to 19th century. (from Culture of Hong Kong)
Image 25Hong Kong international airport was moved from Kai Tak to Chep Lap Kok. Photograph of Kai Tak taken the day after it closed. (from History of Hong Kong)
Image 26A Mazu temple in Shek Pai Wan; It clearly shows traits of classical Lingnan style - pale colour, rectangular structures, use of reliefs, among others. (from Culture of Hong Kong)
... that Hong Kong YouTuber Martin co-created a video showing himself using a washing machine to make soup?
... that YouTube channel Trial & Error's manner of selling live-show tickets—HK$10,000 on day one, $5,000 on day two, all the way to $10 on day 24—appeared on a university entrance exam?
... that the inspiration for the Hong Kong novel Sai Ying Pun came from the author oversleeping on a train?
... that The Chinese in America documents how people in California, during the gold rush era, mailed their laundry to Hong Kong for cleaning?
... that Zhang Zhiyun, crowned "movie queen" in a newspaper poll in 1926, is reported to have died homeless in Hong Kong?
This list was generated from these rules. Questions and feedback are always welcome! The search is being run daily with the most recent ~14 days of results. Note: Some articles may not be relevant to this project.
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