If hong kong is separated from china how much effect will it have on china's economy?
Answers
Answer:
Hong Kong, a former British colony which returned to Chinese rule in 1997, is governed under the "one country, two systems" framework that allows the city some freedom that its mainland counterparts don't enjoy.
Such autonomy underpins Hong Kong's position as a leading global financial and business center, and China has benefited from having the territory as a gateway to connect with the world.
A growing number of Chinese companies are taking advantage of Hong Kong's access to global investors to raise funds, while mainland exports routed through the city to the U.S. could be subject to lower tariffs.
But China's recent push to implement a national security law in Hong Kong heightened worries that the city's autonomy is being compromised, which could threaten its global standing.