Hongkong and Macau

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Hongkong and Macau are the special administrative regions of the People's Republic of China. Each regions have a "Basic Law" which gives them a high degree of autonomy, a separate political system and a capitalist economy which is, as we know, different from that of mainland China. This is possible under the principle of "One country, two systems." Hongkong became a British colony after the First ... Read Full Entry

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