Re:Money Out of Nowhere: How Internet Marketplaces Unlock Ec...
by barry-cotter on Friday March 01, 2019 @09:54PM
(#19287179)
And after WWII it was cut off from its economic hinterland until Deng Xiaoping opened China up in the 1980s. It had been occupied by the Japanese for years and they had taken it violently. During the more than 30 years it was cut off from the Pearl River Delta it took in over a million refugees. Hong Kong went from a trade entrepôt for China to growing wealthy by manufacturing and then services. Then China opened up.
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Re:Money Out of Nowhere: How Internet Marketplaces Unlock Ec...
by boomboomsubban on Saturday March 02, 2019 @10:14AM
(#19289533)
>During the more than 30 years it was cut off from the Pearl River Delta it took in over a million refugees.
Many of those refugees came from the area, and chose to leave because they had wealth or experience. Meanwhile, US allied powers embargoed China while still providing assistance to Hong Kong. These things had far too great of an impact to really credit the trade policy.