Hong Kong's expanding export-import trade and importance as a
capital market have made it one of the major economic centers of
Asia, second only to Tokyo. Consequently, the reversion of this
previously capitalist city to the People's Republic of China ten
years from now will have serious ramifications for the Western
financial world. There is much speculation concerning the impact of
communist control of the three principal factors which have
contributed to Hong Kong's current standing: its political and
social stability, economic reform, and the British legal
system.
General
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