Whither Hong Kong in an open-door, reforming Chinese economy?

Y. P. HO, Y. Y. KUEH

    Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

    7 Citations (Scopus)

    Abstract

    With scarcely four years to go before sovereignty reverts to China, the British enclave of Hong Kong on the South China coast, has greatly benefited from the open-door policy of China and its celebrated move from a centrally planned Soviet-style system to a market-type economy. Trade, investment, and financial flows across the 18-mile land border have greatly increased over the past decade or so. Particularly spectacular is the massive relocation of the colony’s manufacturing activities to the Pearl River Delta in neighbouring Guangdong province to take advantage of cheap labour and land costs. The allocative resource realignment has brought about an intricate process of ‘de-industrialization’ in Hong Kong in favour of the tertiary sector. But it has nonetheless hardly helped to mitigate the acute labour shortage which has faced the colony since the mid-1980s.
    Original languageEnglish
    Pages (from-to)333-351
    Number of pages19
    JournalPacific Review
    Volume6
    Issue number4
    DOIs
    Publication statusPublished - 1 Jan 1993

    Fingerprint

    Hong Kong
    labor
    open door policy
    deindustrialization
    China
    economy
    sovereignty
    enclave
    relocation
    de-industrialization
    move
    tertiary sector
    market
    shortage
    coast
    manufacturing
    resource
    river
    cost
    costs

    Cite this

    HO, Y. P. ; KUEH, Y. Y. / Whither Hong Kong in an open-door, reforming Chinese economy?. In: Pacific Review. 1993 ; Vol. 6, No. 4. pp. 333-351.
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    Whither Hong Kong in an open-door, reforming Chinese economy? / HO, Y. P.; KUEH, Y. Y.

    In: Pacific Review, Vol. 6, No. 4, 01.01.1993, p. 333-351.

    Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

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