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HongKong

Hong Kong has a free market economy highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of re-exports, is more than four times GDP. Hong Kong's open economy left it exposed to the global economic slowdown, but its increasing integration with China helped it recover from the downturn more quickly than many observers anticipated. Hong Kong over the past few years has become increasingly integrated with China through trade, tourism, and financial links. The Hong Kong government is promoting the Special Administrative Region (SAR) as the site for Chinese Renminbi (RMB) internationalization. Hong Kong residents are allowed to establish RMB-denominated savings accounts; RMB-denominated corporate and Chinese government bonds have been issued in Hong Kong; and RMB trade settlement is allowed.
Economy of HongKong
Currency Hong Kong Dollar
Fiscal Year 01 January - 31 December
GDP (PPP) $301.6 billion (2009 est.)
GDP (per capita) $42,700 (2009 est.)
Exports $316.6 billion (2009 est.)
Imports $345.2 billion (2009 est.)
Main Industries Textiles, Clothing, Tourism, Banking, Shipping, Electronics, Plastics, Toys, Watches, Clocks
Exports - Commodities Electrical Machinery and Appliances, Textiles, Apparel, Footwear, Watches and Clocks, Toys, Plastics, Precious Stones, Printed Material
Imports - Commodities Raw Materials and Semi-manufactures, Consumer Goods, Capital Goods, Foodstuffs, Fuel (Most Is Re-exported)
Exports Partners China 51.2%, US 11.6%, Japan 4.4% (2009 est.)
Imports Partners China 46.4%, Japan 8.8%, Taiwan 6.5%, Singapore 6.5%, US 5.3% (2009 est.)