Hong Kong Special Administrative Region officially Hong Kong, People's Republic of China, is the largest and most populated of the two special administrative regions (SARs) of the People's Republic of China (PRC), the other being Macau. It has about seven million people called Hong Kong.
Hong Kong is located on the eastern shore of the Pearl River on the south coast of China and is washed by the South China Sea. It borders Guangdong province in the north. Hong Kong is the richest city in China; its economy is among the most liberal in the world. It is a financial and commercial global hub.
British colony from the Treaty of Nanking (1842), returned to China in 1997, or 155 years later, Hong Kong remains radically different from the rest of the People's Republic of China. Particular Basic Law determines its political system. It follows the principle of "one country, two systems", which allows Hong Kong to maintain its legal system, its currency, its political system, its sports teams and its immigration laws. Under the terms of the Sino-British Joint Declaration, China has promised that Hong Kong would retain relative autonomy until 2047, 50 years after the transfer of sovereignty.
The city has 20,500 UK residents (there were 25,500 in 1996). The majority is made up of expatriates employed by multinational companies or contractors installed with their families. Since the handover, the streets have kept their joint names in English and Cantonese.
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