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DIGS052
Hong Kong
Economy
Week 1
1
Lecture Overview
•Historical development of Hong Kong
•Hong Kong economy through the decades
•Changing from British to Chinese rule
•Important economic implications
2
Hong Kong
Economy at a
Glance
•Hong Kong is the world’s most competitive
country based on economic performance,
government efficiency, business efficiency and
infrastructure
•How did Hong Kong become this way?
3
Historical
Development of
Hong Kong –
1950’s
•Resumption of British
sovereignty after the
Japanese occupation
•Time of the Nationalist-
Communist Civil War in
Mainland China
4
Historical
Development of
Hong Kong –
1950’s
Population
Economy
Infrastructure
•
Large influx of
refugees from
Mainland China
•
Many businesses
relocated from
Shanghai to Hong
Kong
•
Introduction
of high
rise buildings
•
Surge in population
from immigrants
•
Cheap labor
•
Hong Kong Taxi
service
