Hong Kong–Malaysia relations by the Hong Kong Trade and Development Council in Kuala Lumpur. Malaysia did not establish diplomatic relations with the People's Republic of China until 31 May 1974. Malaysia has a Consulate General in Wan Chai. This was established on 2 July 1971. As Hong Kong was then under British rule, this was then known as a Commission, as were the missions of some other Commonwealth countries. Following the transfer of sovereignty in 1997, the Commission was renamed the Consulate General, and the last Commissioner became Consul-General. In 2010, Malaysia became the 10th largest trading partner for Hong Kong with the
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