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Hong Kong is not officially under Chinese control, and therefore, it retains its own independence on subjects including government. The People's Republic of China only intervenes on military defense.
Under this mutual agreement, Hong Kong operates under a capitalist government instead of a communism.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoBecause it was colonized by UK for a hundred years.
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When did Hong Kong become communist?
Hong Kong never became a communist society. It instead operates under a capitalist democratic government.
Capitalist economy operates somewhat independently from china in what city?
Hong Kong
Who has ownership of the city of Hong Kong?
Hong Kong operates under its own capitalist government. However, it is also under Chinese sovereignty by the People's Republic of China.
Is Hong Kong in China or japan?
Hong Kong is not in either country. Although officially a special administrative region of the People's Republic of China, Hong Kong resides on its own island, separate of the Mainland. Hong Kong is complete with its own set of laws and regulations, even under Chinese control. Hong Kong operates under a capitalist government instead of a communist government, such is China.
When the Chinese took over Hong Kong did they instituted a socialist economy?
The People's Republic of China never instituted a socialist economy onto Hong Kong. On the night of the Handover of Hong Kong (July 1, 1997), the Chinese government promised Hong Kong freedom in all matters excepting military authority and international relations. Therefore, Hong Kong was allowed to keep its capitalist government and economy.
What country governs Hong Kong?
Since 1997 Hong Kong has been ruled by China.
What was the impact on Hong Kong's political and social environment when it returned to Chinese rule in 1997?
When the Handover of Hong Kong commenced on July 1, 1997, the People's Republic of China promised the Hong Kong government that it would retain freedom in all matters except military authority and international relations. Therefore, the political and social stance of Hong Kong changed little. Hong Kong was allowed to keep its capitalist government and economic policy.
What was the political and social impact on China after Hong Kong's return to Chinese rule in 1997?
When the Handover of Hong Kong commenced on July 1, 1997, the People's Republic of China promised the Hong Kong government that it would retain freedom in all matters except military authority and international relations. Therefore, the political and social stance of Hong Kong changed little. Hong Kong was allowed to keep its capitalist government and economic policy.
Is Hong Kong listed Hong Kong China or just Hong Kong?
hong kong, china
What is the currency of Hong Kong?
Hong Kong DollarsThe Hong Kong Dollar or HKD.Hong Kong Dollars.
What continent is in Hong Kong in?
Hong Kong is a city in China, which is on the continent of Asia.
What is the value of Hong Kong coins?
Hong Kong uses its own currency, The Hong Kong Dollar. It is accepted all over Hong Kong, The New Territories and Macau.Hong Kong Dollars
