Hong Kong–South Africa relations Cathay Pacific also began flights on the same route. Hong Kong, despite then being linked to the Commonwealth as a British colony, did not comply with its measures against South Africa. Instead, like Britain, it only imposed unilateral sanctions, banning the imports of Krugerrands, iron and steel until 1991. Following the end of apartheid in 1994, and the coming to power of the African National Congress, there were concerns regarding future ties between South Africa and Hong Kong, given that Britain was due to transfer sovereignty of the territory to China in 1997. As Hong Kong had been under British
1950s in Hong Kong by the Government. There were no central banks or monetary policies. The Governor did not want to regulate the Hong Kong Stock Exchange even though it had become a serious problem in financing the fast-growing economy at the time. Manufacturers constantly complained about the shortage of investments. Pressure was coming from within and outside Hong Kong to get the policies fixed. 1950s in Hong Kong The 1950s in Hong Kong began against the chaotic backdrop of the resumption of British sovereignty after the Japanese occupation of Hong Kong ended in 1945, and the renewal of the Nationalist-Communist Civil War in