capabilities and funds introduced by refugees of Mainland China, Primarily from Shanghai, along with a huge pool of low-cost labour helped revive the economic system. At the same time, quite a few foreign corporations relocated their offices from Shanghai to Hong Kong. making the most of unparalleled development, Hong Kong transformed from the territory of entrepôt trade to at least one of industry and production.
Its population rebounded promptly once the war, as competent Chinese migrants fled from your Chinese Civil War, and a lot more refugees crossed the border in the event the Communist celebration took Charge of mainland China in 1949.[69] Hong Kong became the 1st on the Four Asian Tiger economies to industrialise in the nineteen fifties.[70] by using a swiftly raising inhabitants, the colonial authorities commenced reforms to improve infrastructure and general public companies.
[33][34][37] "Fragrant" might seek advice from the sweet taste in the harbour's freshwater inflow from your Pearl River or towards the odour from incense factories lining the coast of northern Kowloon. The incense was saved near Aberdeen Harbour for export just before Victoria Harbour designed.[37] Sir John Davis (the second colonial governor) offered an alternate origin; Davis reported which the title derived from "Hoong-keang" ("purple torrent"), reflecting the colour of soil about which a waterfall around the island flowed.[38]
Amei wrote that he could well be an excellent boy and would make his very own lifeline. until eventually he selected to generally be a waiter within a restaurant. considering that that day, Thien Su felt that she would method Amei. since he imagined Amei was the best daughter.
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The Hong Kong Jockey Club, the territory's biggest taxpayer,[289] contains a monopoly on gambling and supplies above 7 for each cent of government earnings.[290] 3 sorts of gambling are legal in Hong Kong: lotteries and betting on horse racing and soccer.[289] schooling
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