Ask Question
HistoryHistory
11 May, 05:10

Why did the People's Republic permit Hong Kong to thrive as a coastal enclave of Western-style capitalism and British colonialism for so long?

+1
Answers (1)
  1. 11 May, 06:23
    0
    Hong Kong pumped billions of dollars of foreign exchange into China each year.

    Explanation:

    Hong Kong was governed by the United Kingdom for 1841 to 1941. Britain occuppated the territory during the First Opium War.

    The Chinese-Hong Kong economy relationship has been interesting for China because they were complementary. China provided cheap labour and land while Hong Kong provided capital, management skills, marketing channels and infrastructure for external trading.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why did the People's Republic permit Hong Kong to thrive as a coastal enclave of Western-style capitalism and British colonialism for so ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What mistake did Christopher Columbus make when he traveled to America?
Answers (2)
How can a country increase its GDP? A. by producing more goods and services B. by producing fewer goods and services C. by producing fewer goods and services for a while, then producing more D. It is not possible for a country to increase its GDP.
Answers (1)
The word platform most nearly means
Answers (1)
Christianity went from being a persecuted faith to being the recognized faith of the empire when
Answers (1)
Why did the United States and the Soviet Union install a "hot line" telephone system?
Answers (1)
New Questions in History
How did the Battle of the Coral Sea impact Japan's war strategy? A. The warring ships were so far apart that they never saw each other. B. It prevented Japan from attacking Australia. C. Japan's uninterrupted string of victories was broken.
Answers (1)
Explain why the creators of the Constitution would not have wanted individual states printing their own money.
Answers (2)
The civil war in England was a conflict between which of the following? Catholics and Puritans Catholics and Catholics peasants and nobles the king and Parliament
Answers (1)
As drafted by Vice President John C. Calhoun of South Carolina, the right of a state to set aside federal law was called: A. excision. B. reconciliation. C. nullification. D. abdication.
Answers (1)
The chariot was first used as a weapon by the
Answers (1)
Home » History » Why did the People's Republic permit Hong Kong to thrive as a coastal enclave of Western-style capitalism and British colonialism for so long?
Sign Up Forgot Password?