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December 09, 2006

Hong Kong

HongkongThe official name is Hong Kong Special Administrative Region of the People's Republic of China, and is one of the 2 special administrative regions, the other one is Macau.
Hong Kong is located on the eastern side of the Pearl river, southeastern coast of the  People's Republic of China. This city has one of the world´s most liberal economies, an it is a major center of international finance and trade, being also the richest region of China. Hong Kong was a British colony from 1842 until 1997, and now it is governed as a special administrative region under the Basic Law of Hong Kong. Under the "One Country, Two Systems" policy, it retains its own legal system, currency, customs policy, cultural delegation, international sport teams, and immigration laws, with the PRC representing Hong Kong diplomatically and militarily.

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