In the eyes of many, Hong Kong is seen as more Westernized than the mainland, but don't believe it. Here are six big differences you can expect in life inHong Kong. According to a recent study by the Chinese Academy of Social Sciences, Hong Kongers tend to be more superstitious than mainland Chinese.
Hong Kong's culture has a highly developed economy compared to mainland China, and there is a growing cultural influence. Hong Kong - Relations with the mainland are one of the most important issues in China's foreign policy in the future. Beijing must understand that maintaining the status quo in terms of cultural and economic relations between the two countries is in its own interest.
The People's Republic of China does not levy taxes on Hong Kong and does not interfere in tax laws. Hong Kong has independent finances and uses its dollar (HKD), which is pegged to the US dollar (USD) at a fixed rate. Only Hong Kong can print and issue HKD, but it has no control over the exchange rate of the USD or any other currency in the world.
The Basic Law stipulates that mainland government agencies are not allowed to interfere in Hong Kong, and mainland laws apply in the city except in limited circumstances. Chinese Communist Party officials rule Hongong as they do in mainland China, but Beijing still wields considerable influence over the political sphere of the region, which is dominated by loyalists. Across the political spectrum, the pro-Beijing camp tends to focus on a governance model of "separation of powers" that integrates Hong Kong into China, following and supporting a system of checks and balances guaranteed by the Basic Law, which guarantees Hong Kong's stability and prosperity. They assert themselves as guarantors of the separation of systems and rights, even though they control only a small part of political and economic affairs.
The gulf stems from the fact that Hong Kong is culturally different from mainland China in its language and culture. Simplified characters are used to write Chinese, while Hong Kong relies on traditional characters, and Hong Kong people protect their own identity by calling themselves "Hong Kong Kongers" rather than "Chinese." Perhaps this is because the mainland is communist and controlled by a single party, while Hong Kong has a limited democracy under the Basic Law.
There are fears that China wants Hong Kong's judiciary to be given the same form and "characteristics" as the mainland.
I fear that measures to stop or punish China for seizing power in Hong Kong would encourage China to become even more aggressive, both in Hong Kong and elsewhere. The US will lose its influence over China's Hong Kong policy forever, and will lose all influence over China on this issue forever. The Chinese government's efforts to influence the Hong Kong issue are, in my opinion, not a question of when, but rather of when, S., the US will abandon this issue and abandon all hope for Hong Kong, even if it tries to "influence" it. There is no turning back, unless it no longer recognizes its autonomy and revokes all trade privileges with it, even then only for a short time.
Hong Kong is our home, and if we abandon the preservation of its democracy and let China win, it will feel a bit like capitulation to the left.
Many people in Hong Kong pride themselves on being politically separate from China, which is governed by a Chinese Communist Party that is known to censor the Internet. This is partly due to the fact that we are somewhat politically separated from the rest of the world, and partly due to China's authoritarian rule.
Beijing has long wanted to break up Hong Kong, which it treats with a hard hand, according to this argument. But Chinese companies, many of which rely heavily on mainland services, such as financial services and banking, have sided with China against Hong Kong. It was argued that China's rapid economic development had diminished Hong Kong's importance to the Chinese mainland, giving Beijing the power for the world to treat Hong Kong as a separate entity from the Chinese mainland. However, according to a recent report by the International Monetary Fund (IMF), Hong Kong is no longer useful to mainland China.
Despite earlier efforts, Shenzhen has not been able to overcome Hong Kong and become China's second-largest city and the world's largest financial center. Despite its shrinking relative to the mainland, its economy remains vital to China as a whole. Notwithstanding these differences, Hong Kong and mainland China are inextricably linked and are increasingly working together to guide China's "booming" economy into the future. According to a report by the International Monetary Fund (IMF), the two regions are working closely together and are working to supply Chinese markets worldwide.