This is the first 1,000 characters of 2837 words (11.35 pages) in the essay titled International Trade
Hong Kong, the pearl of Asia has been the center of trade and
finance in Asia since the early 20th century. In a short
history of about 150 years, Hong Kong has become the source of
growth for many nearby economies. In a certain sense, it can be
even said that it is a merchant city founded and managed by
Traditional "hongs" or trade houses of Hong Kong were the
pillar of the economy. Jardine Matheson and Hutchison were
major hongs that led the economy and the Hong Kong & Shanghi
Bank were the financier of these hongs and has today grown to
become one of the largest bank in the world. These firms were
the critical factors of the growth for Hong Kong's economy.
Their role however has changed overtime. They are no longer the
de facto leaders of Hong Kong as they were in the mid 1800's.
Their role has diminished as Hong Kong grew to become more
international, and the 1997 han...
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