Hong kong and the new opium war

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Already in the xnumxth century, hong kong was one of the theaters in which the opium wars (1839-1860) who faced the united kingdom, france and russia on the one hand and china on the other, and whose cause was the interests on the opium trade. As a consequence of the second war, hong kong passed into british hands. Today, hong kong is once again the scene where the great powers settle their commercial struggles. In 1997, the united kingdom ceded control of cantonese territory to china with a series of conditions, among which was the autonomy of the region under the principle one country, two systems. Thus, hong kong became a special administrative region within chinese territory.


Since then, china has become increasingly active in Italy Telegram Number Data  hong kong's domestic politics. Proof of this is beijing's recent adoption of the security law that erodes hong kong's security independence. Amid the tension between china and its special administrative region, the trump administration has revoked economic privileges in fiscal, customs and financial matters that propped up hong kong as hub commercial and financial of the region. If to the commercial plane we add the sanctions to high officials of the hong kong and chinese governments, the inclusion of large chinese companies like huawei in the designated entity list of the department of commerce or the adoption by china of antidote regulations that nullify the previous us measures in its jurisdiction, we are faced with a situation of alarming legal uncertainty and a foreseeable escalation of tension between the two powers.



The slowdown in chinese growth together with the fracaso of the executive's efforts to avoid the slowdown, have generated the propitious climate for the chinese government to place even more emphasis on the development of the largest infrastructure project in history that will consolidate its influence in central asia, europe, africa and the southeast asian. This new marshall plan chinese known as one belt one road it is the axis on which chinese economic diplomacy pivots, which not only seeks to consolidate its geopolitical influence but also to open and consolidate its position in new markets.. In order to undertake this enormous task, the chinese government requires strategic partners and access to a wide financial market that allows it to access the necessary funds to implement this macro project and, it is here that hong kong has positioned itself as the center ideal for undertaking the ambitious roadmap of its economic diplomacy.