Hong Kong: Why did the United Kingdom return Hong Kong to China ?

Related Articles




Hong Kong: Why did the United Kingdom return Hong Kong to China?

 

The transfer of sovereignty over Hong Kong from the United Kingdom to China, referred to as “the Handover” internationally or “the Return” in China, took place on 1 July 1997, and marked the end of British rule in Hong Kong.

 

Hong Kong’s territory was acquired from three separate treaties:

1. Treaty of Nanking in 1842
2. Treaty of Beijing in 1860
3. Convention for the Extension of Hong Kong Territory in 1898

 

1. These treaties gave the UK the control of Hong Kong Island, Kowloon (area south of Boundary Street), and the New Territories (area north of Boundary Street and south of the Shenzhen River, and outlying islands), respectively.

2. Although Hong Kong Island and Kowloon had been ceded to the United Kingdom in perpetuity, the control on the New Territories was a 99-year lease.

3. The finite nature of the 99-year lease did not hinder Hong Kong’s development as the New Territories were combined as a part of Hong Kong. By 1997, it was impractical to separate the three territories and only return the New Territories.

4. In addition, with the scarcity of land and natural resources in Hong Kong Island and Kowloon, the New Territories were being developed with large-scale infrastructures and other developments, with the break-even day lying well past 30 June 1997.

Thus, the return of the New Territories after the expiry of the 99-year lease became important for Hong Kong’s economic development.

 





Jennifer Lawrence: BIO – Hot Photos, Movies &...

Jennifer Lawrence Complete BIO We are writing about Jennifer Shrader Lawrence, is an famous American actress. Her films have grossed over $5.7 billion worldwide, and...

10 things that a Boss Should Never Ask...

They're bosses. They're in charge. They have the power. But while some tasks are obviously out of bounds, others are less so -- which is...

कबीर दास के लोकप्रिय दोहे हिंदी अर्थ सहित...

कबीर दास जी  (Kabir Das Ji) के जन्म के संबंध में अनेक किंवदन्तियाँ हैं। कबीर पन्थियों की मान्यता है कि कबीर की उत्पत्ति काशी...

20 Funny & Creative Road Signs Billboards Advertisement...

Marketing is a key aspect in a successful business, and putting up ads on billboards is a great way to market a product. These...

iPhone 6 Launch -From Siri to Super Resolution

Apple's live stream is available via a dedicated channel on the Apple TV set-top box or the Safari browser on OS X (10.6.8 and...

Best Wedding Songs Ever!!!! You Should Not Play...

The BIG FAT INDIAN WEDDING season is here. And we all know that Indian wedding are so much about lots of makeups, dhik-chak dancing numbers,...