Why is the US interested in Hong Kong?
It is grounded in the determination to promote Hong Kong’s prosperity, autonomy, and way of life. The United States maintains substantial economic and political interests in Hong Kong and serves a large community of U.S. citizens and visitors in Hong Kong.
What does the United States trade with Hong Kong?
The U.S. trade surplus with Hong Kong is the single largest with a U.S. trading partner, with a surplus in 2018 of $31 billion, owing largely to Hong Kong imports of American aircraft and spacecraft, electric machinery, pearls, gold, diamonds, works of art, meat, fruit and nuts. America’s services exports to Hong Kong in 2018 were $12.8 billion.
Why was Hong Kong ceded to the British?
Hong Kong ceded to the British. In 1839, Britain invaded China to crush opposition to its interference in the country’s economic and political affairs. One of Britain’s first acts of the war was to occupy Hong Kong, a sparsely inhabited island off the coast of southeast China. In 1841, China ceded the island to the British,…
What is the relationship like between the US and Singapore?
As a small country that keeps close ties with both the United States and China, Singapore has had to walk a careful line between these competing powers. Today, Singapore is a close strategic partner for the United States in Asia, and the two countries have particularly advanced military ties.
Why did the United States reject the Hong Kong policy?
After the PRC’s decision to unilaterally impose national security legislation, the United States determined that Hong Kong was no longer sufficiently autonomous to justify differential treatment in relation to the PRC under the U.S.-Hong Kong Policy Act of 1992.
Does the United States provide foreign assistance to Hong Kong?
Hong Kong signed its first Tax Information Exchange Agreement (TIEA) with the United States in March 2014, and the two sides concluded an Inter-governmental Agreement (IGA) under the U.S. Foreign Account Tax Compliance Act (FATCA). The United States provides no foreign assistance to Hong Kong.
Where can I find more information about Hong Kong?
More information about Hong Kong is available on the China Country Page and from other Department of State publications and other sources listed at the end of this fact sheet. In 1997, China resumed the exercise of sovereignty over Hong Kong, ending more than 150 years of British colonial rule.