As a native of Hong Kong, I spent my entire adolescence in the changing socio-political atmosphere of the city, but have never researched in detail the financial risks that the city might have or what the economy is like in Hong Kong.
The research of this paper helped me to better understand my own city, especially in regard to its financial and economical situation. It will start with a brief introduction so that the audience can also get a better idea about Hong Kong’s economy, how it was shaped, and what the future outlook will be. Hong Kong is located in East Asia, on the coast of China. It was a colony of the United Kingdom for 99 years, until July 1st 1997. It was then returned to the People Republic of China and became the Hong Kong Special Administrative Region (SAR). In the following, there will be an analysis of ten factors that influence the financial aspects within the city, trading issues in Hong Kong, and its currency.
Table of Contents
INTRODUCTION
CURRENT POLITICAL LEADERSHIP AND STABILITY
GOVERNMENT POLICIES AND ATTITUDES TOWARDS
FOREIGN INVESTMENT
DEMOGRAPHIC TRENDS
KEY ECONOMIC INDICATORS AND TRENDS
UNIQUE HISTORICAL, CULTURAL, AND RELIGIOUS INFLUENCES
GEOGRAPHIC ADVANTAGES AND DISADVANTAGES
LOW CORRUPTION AND CRIME RATE
KEY FINANCIAL RISKS OF INVESTING IN HONG KONG
INTERNATIONAL TRADE IN HONG KONG
HONG KONG DOLLAR’S PEGGED SYSTEM
CONCLUSION
BIBLIOGRAPHY
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