This chapter examines Hong Kong, a Special Administrative Region of the People’s Republic of China. Consisting of the Kowloon Peninsula and 263 islands at the mouth of the Pearl River Delta in the South China Sea, Hong Kong is regarded as one of the most significant financial centers in the world. Throughout its history, Hong Kong has exemplified the “bridging” function associated with MDSJs—particularly as a gateway to the enormous domestic market and production capabilities of the Chinese Mainland. At the same time, however, Hong Kong’s substantial dependence upon and continuing integration with the Mainland has introduced challenges and risks that many fear could destabilize its financial center moving forward.
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