Foreign relations of Hong Kong Development Goals. Hong Kong was under British rule before 1 July 1997. Prior to the implementation of the "Hong Kong Economic and Trade Office Act 1996" enacted by the British Parliament, Hong Kong represented its interests abroad through the Hong Kong Economic and Trade Offices (HKETOs) and via a special office in the British Embassies or High Commissions, but the latter ceased after the sovereignty of Hong Kong was transferred to the PRC and became a special administrative region (SAR) of the PRC in 1997. At present, the "Hong Kong Economic and Trade Offices" under the Government of the Hong
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