Exploring the Rise of Hong Kong From Colony to Global Financial Center
0The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 1999 year lease of the new territories in 1898 Hong Kong was occupied by Japan from 1941 to 1945 during World War II The whole territory was transferred from the United Kingdom to China in 1997 Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of one country Two systems originally a sparsely populated area a farming and fishing villages the territory is now one of the world's most significant financial centers and commercial ports Hong Kong is the world's fourth ranked global financial center ninth largest exporter and eighth largest importer
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