ABSTRACT

Trade and financial linkages of Hong Kong reveal the position of its intermediaries in global capital exchange. Hong Kong became a British colony following ratification of the Treaty of Nanking between Britain and China in 1842 that opened five "treaty ports", and, from the start, the British viewed it as their great emporium of trade in the Far East. Through its internal organizational structure this bank epitomized the global reach of Hong Kong firms that made it a world-regional metropolis. Financial bonds of Hong Kong mirror the trade ties. Large, global banks with major operations in Hong Kong predominantly come from Western Europe, North America, and Asia. Demand from global businesses based in Hong Kong powers dramatic expansion of telematics, and international firms supplying this capacity explicitly cite demand in Hong Kong as the reason they are boosting construction of undersea fiber-optic lines.