Hong Kong, officially the Hong Kong Special Administrative Region, is a largely self-governing territory of the People's Republic of China, facing Guangdong to the north and the South China Sea to the east, west and south. Hong Kong is a global metropolitan and international financial centre, and has a highly developed capitalist economy.
Beginning as a trading port, Hong Kong became a crown colony of the United Kingdom in 1842, reclassified as a British dependent territory in 1983, and remained so until the transfer of its sovereignty to the People's Republic of China in 1997. |