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A Few Things About Hong Kong (Part 2)

Economy

Hong Kong is not only one of China’s leading economic centers but also a major Asian financial center.  It has a strong stock market and its currency is one of the most traded in the world. 90% of the income comes from the service sector. Although Hong Kong has very limited raw materials industry has grown, especially in the New Territories.

Its natural harbor and one of the busiest container ports in the world make Hong Kong a centre of trade throughout the Pacific region. For many decades Hong Kong was China’s gate to the world.

One of Hong Kong’s main problems is its limited space. Therefore construction has gone upwards instead of expanding horizontally. It is also one of the cities with the best public transportation systems in the world.

Way of Life

The British introduced their way of life to the colony. Street and place names are British. Schools, colleges and universities follow the British educational system. British customs like horse racing or five o’clock tea time are also common in Hong Kong. Western entertainment is dominant all across the city. Fast food restaurants mix with typical Chinese cuisine.

Hong Kong is a very expensive place to be. Housing prices are generally high, rich people live in high rise apartment buildings while the poorer population often has small huts or houses and only a few square meters of land.

Sights

Visitors to Hong Kong can enjoy numerous places to go to and sights to see.  A trip by tram to Victoria Peak gives tourists a magnificent view of Kowloon peninsula and Hong Kong Island.

Victoria Harbor is a traditional place of interest for Hong Kong tourists. Because of its outstanding location between Hong Kong Island and Kowloon Peninsula it is the starting place for boat rides and offers spectacular views of the city’s skyline.

Sheung Wan on Hong Kong Island gives tourists an insight of historical and traditional Hong Kong with fruit and vegetable markets. Ladies Market in Mong Kok is over one kilometer long and offers clothing for women of all ages. Temple Street is full of goods that are typical of Hong Kong.

Sources from:       http://www.english-online.at/geography/hong-kong/hong-kong.htm