During the 1950s, Hong Kong grew to become the primary from the Four Asian Tiger economies to undergo swift industrialisation pushed by textile exports, manufacturing industries, and re-exports of goods to China. Given that the inhabitants grew, with labour expenses remaining lower, dwelling expectations began to increase steadily.
 The City Renewal Authority is extremely Lively in demolishing more mature places, such as the razing and redevelopment of Kwun Tong city centre, an method that has been criticised for its effect on the cultural identity of the town and on decrease-revenue residents.
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Hong Kong can be a Exclusive administrative region of China and maintains a independent legislature, govt, and judiciary from the rest of the place. It has an government-led parliamentary govt modelled after the Westminster technique, inherited from British colonial administration.
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Even though general public transport programs deal with the vast majority of passenger site visitors, there are about five hundred,000 personal cars accredited in Hong Kong. Due to the territory's compact sizing, inhabitants are discouraged from non-public automobile possession; cars and trucks are subjected to a primary-time registration tax, which may differ from 35% to around 100% based on the measurement and worth of the car, and in excess of fifty percent the cost of petrol bought at filling stations is due to taxes.
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Throughout the occupation, the garrisoned Japanese troopers committed many atrocities versus both civilians and prisoners of war, including the St. Stephen's Higher education massacre. Neighborhood residents experienced common foods shortages, stringent rationing, and hyperinflation arising from the compelled Trade of currency from Hong Kong dollars to Japanese army yen. here Popular starvation and compelled deportation of citizens to mainland China to be used as slave labour dramatically lessened the inhabitants of the city from 1.
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