HIS385H1 Lecture Notes - Lecture 5: Free Economic Zone, International Trade
Document Summary
British encouraged other countries (china, south asia) to trade with hk. It is free for other countries to use hk as a base port opened to everyone. No import/ export tax port open to all. 1840s, entrepot trade was foundation of hk economy until 1940s. China trade: the most important part was the trade with china. International trade: linking hk with the west and the south. Western europe tried to trade with china, n south asia. -hk was not the only port can be used, other equally important ports shanghai. British felt more secure since they had totally control of the colony. serve british interest, they are not aimed to benefit chinese for sure. -chinese people can move to hk and enjoyed the legal protection by british govt. Chinese people who moved to hk are able to learn british methods of doing business. They get the chance to learn from the western, and apply those methods to their own benefits.
