international trade Introductuion Hong Kong, the pearl of Asia has been the center of trade and finance in Asia since the early 20th century. In a snatch history of about 150 years, Hong Kong has become the source of outgrowth for many nearby economies. In a certain sense, it floor be even said that it is a merchant urban center founded and managed by businessmen. Traditional hongs or trade houses of Hong Kong were the newspaper column of the economy.
Jardine Matheson and Hutchison were major hongs that led the economy and the Hong Kong & Shanghi Ba nk were the financier of these hongs and has now freehanded to become one of the largest bank in the world. These firms were the faultfinding factors of the harvest for Hong Kongs economy. Their role however has changed overtime. They are no endless the de facto leading of Hong Kong as they were in the mid 1800s. Their role has attenuated as Hong Kong grew to become more international, and the 1997 han...
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