HONG KONG CHINA PC Postcard CANCEL Stamp POSTMARK Queen MARKET Kowloon 1967

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HONG KONG CHINA PC Postcard CANCEL Stamp POSTMARK Queen MARKET Kowloon 1967:
$49.99

HONG KONG PC

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\"Market Existing in the open sreet, Hong Kong\"

Postmarked in Kowloon Hong Kong, 1967 (?). $1 Queen Elizabeth II Hong Kong stamp.

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Hong Kong(Chinese:香港; literally: \"Fragrant Harbour\" or \"Incense Harbour\"),[12][13]officially theHong Kong Special Administrative Region of the People\'s Republic of China, is anautonomous territoryon thePearl River DeltaofEast Asia.[14]Macaulies across the delta to the west, and theChineseprovince ofGuangdongborders the territory to the north. With a total land area of 1,106 square kilometres (427sqmi) and a population of over 7.3 million of variousnationalities,[15][note 1]it ranks as the world\'s fourth mostdensely populated sovereign state or territory.

After theFirst Opium War(1839–42), Hong Kong became aBritish colonywith the perpetual cession ofHong Kong Island, followed by theKowloon Peninsulain 1860 and a 99-year lease of theNew Territoriesfrom 1898. Hong Kong was lateroccupied by JapanduringWorld War IIuntil British control resumed in 1945. In the early 1980s, negotiations between the United Kingdom and China resulted in the 1984Sino-British Joint Declaration, which paved way for thetransfer of sovereignty of Hong Kongin 1997, when it became aspecial administrative region(SAR) with a high degree of autonomy.[16]

Under the principle of \"one country, two systems\",[17][18]Hong Kong maintains a separate political and economic system from China. Except in military defence and foreign affairs, Hong Kong maintains its independent executive, legislative and judiciary powers.[19]In addition, Hong Kong develops relations directly with foreign states and international organisations in a broad range of \"appropriate fields\".[20]

Hong Kong is one of the world\'s most significantfinancial centres, with the highestFinancial Development Indexscore and consistently ranks as the world\'s most competitive and mostlaissez-faireeconomic entity in theWorld Competitiveness Yearbook.[21][22][23][24]Its legal tender, theHong Kong dollar, is the world\'s13th most traded currency.[25]Hong Kong\'stertiary sectordominated economy is characterised bysimple taxationwith a competitive level of corporate tax and supported by international confidence in its independent judiciary system where the rule of law, not rule by law, applies to legal, contractual proceedings.[26]However, while Hong Kong has one of the highestper capita incomesin the world, it suffers from the most severeincome inequalityamong developed economies.[27]

Hong Kong is renowned for its deep natural harbour, which enables ready access by international cargo ships, and itsskyline, with a very high density of skyscrapers;[28]the territory boasts the second largest number ofhigh risesof any city in the world.[29][30]It has a very high Human Development Index ranking and the world\'slongest life expectancy.[31][32]Over 90% of the population makes use of well-developedpublic transportation.[33][34]Seasonalair pollutionwith origins from neighbouring industrial areas of Mainland China, which adopts looseemissions standards, has resulted in a high level ofatmospheric particulates.[35][36][37]

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