Historical Dimensions of the Hong Kong-Guangdong Financial & Monetary Links: Three Cases in Politico-Economic Interactive Dynamics, 1912–1935

Ming K. Chan

Chapter 2 in Hong Kong SAR’s Monetary and Exchange Rate Challenges, 2009, pp 15-44 from Palgrave Macmillan

Abstract: Abstract Much had been said on the extensive ties linking Hong Kong with Mainland China, especially neighbouring Guangdong. Interfaces with Guangdong have long constituted the most direct and discernible impact of the ‘China Factor’ on Hong Kong. Historically and geographically Hong Kong was an integral part of Guangdong until Sino-British treaties yielded British control of the island in 1841, the Kowloon peninsula in 1861, and the New Territories in 1898. Despite the jurisdictional demarcations that set the two apart, historical and geographical realities made colonial Hong Kong-Guangdong linkages more than neighbourly, but almost symbiotic functionally. The ‘Hong Kong factor’ has been significant to modern Guangdong while the ‘Guangdong factor’ has been a powerful element in Hong Kong’s development since the mid-19th century.

Keywords: Pearl River Delta; Colonial Regime; Legal Tender; Paper Note; Bank Note (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-59474-6_2

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DOI: 10.1057/9780230594746_2

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