By David R. Meyer
David Meyer strains Hong Kong's bright historical past from the coming of the overseas buying and selling agencies within the 1840s to its celebrated handover to China in 1997. all through this era, Hong Kong has been a pivotal assembly position of the chinese language and international social networks of capital. the writer bargains an positive view of Hong Kong within the twenty-first century, difficult those that expect its decline lower than chinese language rule. the tale of Hong Kong's good fortune will curiosity an individual fascinated by its prior, current and destiny.
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Additional resources for Hong Kong as a Global Metropolis
328–83, vol. IV, pp. 20–195; Owen, British opium policy in China and India, pp. 1–48, 80 (quote). 34 Hong Kong as a global metropolis Province. The government granted the Cohong, a weak association of Chinese merchants (hongists), a monopoly over the sale of staple goods (tea, silk); in return, Cohong merchants enforced security regulations. These intermediaries in international exchange, paradoxically, dreaded appointment as hongists and even worse, as senior hongist, and they often faced bankruptcy.
1). Bengal’s price plunged 50 percent from 1821 to 1830, but this only kept pace with a similar fall in Malwa’s price (ﬁg. 2).
The oﬃcial ﬁrm of Jardine, Matheson & Company was founded in 1832, but the principals had entered the India–China trade in 1802 (William Jardine) and 1815 (James Matheson) and participated under various partnerships. Rather than follow those diﬀerent ﬁrm names through various changes, the Jardine Matheson name is used as a label. See Keswick, The thistle and the jade, pp. 256–57. American ﬁrms operated similarly; see Lockwood, Augustine Heard and Company, 1858–1862, p. 7. Cheong, Mandarins and merchants, pp.