China is home to roughly 1.35 billion people or three times the population of the United States and almost 20% of the world’s population.
So what is Hong Kong all about?
Hong Kong is a region of contrasts with huge skyscrapers side by side with ancient temples and fabulous 5-star international cuisine next to small dim sum restaurants.
Hong Kong was under British rule until 1997 when it was handed back over to the People’s Republic of China and became a Special Administrative Region (HKSAR). Because of its British heritage, there are a lot of Western influences and it is frequently described as a place where “East meets West”, reflecting its Chinese roots and its time as a British crown colony.
Located at the south coast of China, Hong Kong has become a thriving business center. In an urban area is geographically roughly of the size of Munich, Hong Kong is home to seven million people and more skyscrapers per square mile than anywhere in the world.
Hong Kong ranks as the third most important leading international financial center after London and New York City, and the currency, the Hong Kong dollar is the eighth most traded currency in the world currently valued at about $7.75 HKD to $1 US.
The primary language is Cantonese but as a holdover from its days as a British Colony, many people speak English. A large expat community has brought international influences and there are about 60,000 American citizens living there, soon to be 60,003. There are more Americans than Britons living in the territory, and 1,100 American companies employ 10% of the Hong Kong workforce.