Hong Kong

From ePedia, the electronic encyclopedia
The Hong Kong Special Administrative Region of the People's Republic of China (Traditional Chinese: 中華人民共和國香港特別行政區; Simplified Chinese: 中华人民共和国香港特别行政区 pronunciation), is located on the southeastern coast of China.

Hong Kong (香港, in Cantonese Yale, Hèung Góng, also known as Hongkong, which was common in older English-language texts, or Xiānggǎng, in Pinyin) has one of the world's most liberal economies and is a major international centre of finance and trade. A former British colony now administered by the PRC under the "one country, two systems" policy, Hong Kong is constitutionally entitled to a relatively high degree of autonomy; for example, it retains its own legal system, currency, customs, treaty negotiating rights, such as air traffic and aircraft landing rights, and immigration laws. Hong Kong even maintains its own road rules, with traffic continuing to drive on the left. Only national defence and diplomatic relations are responsibilities of the central government in Beijing.

Despite Hong Kong's reversion from British to Chinese rule, the region's English name remains "Hong Kong" (which sounds closer to the pronunciation in the local Cantonese language), and not, as some sources suggest, Xiānggǎng (the Mandarin equivalent).

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