international trade Introductuion Hong Kong, the pearl of Asia has been the center of trade and pay in Asia since the early 20th century. In a memorise history of about 150 years, Hong Kong has become the source of maturement for many nearby economies. In a certain sense, it induction be even said that it is a merchant urban center founded and managed by businessmen. Traditional hongs or trade houses of Hong Kong were the newspaper column 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 instantly freehanded to become one of the largest bank in the world. These firms were the circumstantial factors of the harvest for Hong Kongs economy. Their role however has changed overtime. They are no thirster the de facto leading of Hong Kong as they were in the mid 1800s. Their role has diminished as Hong Kong grew to become more international, and the 1997 han...
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