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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Industrialization in Hong Kong
Sutu, H.
11
/
1
(
Fall
1968
):
85
-
90
The recent disturbances in Hong Kong, instigated by a minute portion of the local population, including extremists and Communists, arrested worldwide attention. The rioters attempted to disrupt communication, paralyze the port activity, and undermine the morale of the public by strikes, bomb explosions, and mob violence. Because of the lack of support from the Peking government to local terrorists, the crisis began to subside after the government of Hong Kong took steps to restore law and order with the help of police and troops. Hong Kong has no natural resources nor is it self-sufficient in foodstuffs. Because of its geographical location and possession of excellent shipping and port facilities, Hong Kong became the main outlet and entrance of goods for South China. By natural growth and a continuous influx of immigrants from China, there has been a rapid increase in the Hong Kong population within sixteen years. The availability of good warehousing, shipping, banking, and insurance facilities has rendered Hong Kong an important commercial center.