China and Hongkong

What actually the direct financial benefit for China having Hongkong ?, do Hongkong Citizen pay tax to China ?

China spend quite a bit of $$$ to protect Hongkong (Hongkong garrison ?)

Or Hongkong just enjoy free protection from China and let China "waste" it's time for foreign affairs and Hongkong people just concentrate doing business without paying any tax to China ... NICE

antiterror13 said:

What actually the direct financial benefit for China having Hongkong ?, do Hongkong Citizen pay tax to China ?

China spend quite a bit of $$$ to protect Hongkong (Hongkong garrison ?)

Or Hongkong just enjoy free protection from China and let China "waste" it's time for foreign affairs and Hongkong people just concentrate doing business without paying any tax to China ... NICE

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There are many benefits from many perspective of having SAR like HK, Macau and eventually maybe Taiwan.

1)The HK banking system is well trusted, so foreign firms are more willing to establish a HQ on chinese soil than else where.

2)HK enjoys generally good access to sensitive western technology which owner may not be happy exporting directly to China

3)HK is also a great place for the Chinese govt's higher up to launder their "black" money into a foreign currency

4)HK also contribute greatly to the Chinese economy, HK's GDP itself is.... greater than the entire philipines.. more than Israel or New Zealand.

5)HK also have a whole lot of mechant shipping with her flag, like... almost double the merchant tonnage of the entire PRC.

6)HK also have a massive foreign reserve, almost 300 trillion USD (more than germany, more than india) -> it lends a lot of trust into the HK banking system and also a reason why the recent direct Yen-Yuan currency exchange, HSBC was a fundamental part of it.

7)HK also provide a lot of technical expertise to China; e.g. how to build very tall buildings, or how to build large span bridges... There is a lot of HK based companies investing into every sector of chinese industry; from batteries, to tool and die.

8)there are also a lot of historical issues, from the ancient tombs in kowloon, to the defeat of the southern song fleet off the coast of HK, the opium war, to the revolutionary safe house of the xianhai revolution, to the exile HQ of sun yet san, to the smuggling of arms into China to fight the Japanese. HK played an intergral part in Chinese history.

All of these make it positive for China to maintain HK; Historically, China have 2 main ports, Shanghai and Canton; the later of which nowadays encompases - Macau, HK and Guangzhou city; HK is an estential part of that equation.

No point asking us. Ask wen jiabao or Hu Jintao. They sure know why.

If you can read a bit of Chinese modern history, you would find out during the changeover negotiation that Hong kong government did offer to pay for the defense. But Deng said no. For some reasons, everyone listened to him. Dumbasses

As to no taxation contribution from HK , it was Deng's one country two systems idea. I dont agree with it but who likes paying taxes anyway. If you dont like it, why dont you go back to China (I assume you are a western national from China living in western land) and become a communist and climb your way to the top and stop all this nonsense.

sometimes i even feel HK almost functions as a state of its own like singapore, just minus the actual designation. its political/foreign relations with the West/blues/north are very good, particularly with UK and US. even SDU receives joint training with the DEVGRU, SAS, Delta. and it's even safe to say, hk will be the friendliest "blue/western/north/1st world" society/state to china. if hk becomes its own state, it will definitely land an instant invitation to be part of the blue states, along with south korea, japan, etc..
anyways, hk and china's cultures are very different in societal level..it's seemed to have caught me that there are many aspects that china wants to learn from hk. hk's systems was an emergence of british/western liberal democratic system blended with asian culture(hence you hear east meets west). more importantly, certain hk traits should show mainland that what hk has aren't limited to only others or exceptional to non-chinese: one of the most transparent societies, intellectual rights freedom, least corrupt places, ability to fight corruption successfully , democratic liberties such as freedom of speech, respect/very good relations with the West, "ethical" business practices...etc. if hk can, no reasons china cant, especially both are of the same heritage.

hong kong has the most traditional Chinese culture and world views. It remains untainted from the communist revolution. It very much shares common culture with Taiwan and Macau, all of them kept true Chinese culture throughout the 20s century. Although mainland China claims to be the legitimate successor to the proper Chinese heritage, it is really not true. Everything had been changed with the installation of a communist system and especially with the cultural revolution, nothing remains the same.

The number one reason that the PRC leaders kept HongKong so independent is to maintain its identity as a offshore banking centre. It's a bridge between PRC and the West. Although Shanghai is quickly advancing, due to its nature as a Red Chinese city, the West still doesn't have as much trust in it as they do to HongKong. HongKong serves as an economic buffer zone.

Even if HongKong is completely annexed as a regular city, it still will maintain its identity as a financial hub.

aquauant said:

No point asking us. Ask wen jiabao or Hu Jintao. They sure know why.

If you can read a bit of Chinese modern history, you would find out during the changeover negotiation that Hong kong government did offer to pay for the defense. But Deng said no. For some reasons, everyone listened to him. Dumbasses

As to no taxation contribution from HK , it was Deng's one country two systems idea. I dont agree with it but who likes paying taxes anyway. If you dont like it, why dont you go back to China (I assume you are a western national from China living in western land) and become a communist and climb your way to the top and stop all this nonsense.

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WTF you are talking about. Who do you think you are, we are not talking about like it or not dumbass ...

antiterror13 said:

WTF you are talking about. Who do you think you are, we are not talking about like it or not dumbass ...

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I guess someone dont like to hear the facts or dont understand facts. Who do I think I am? I am a Chinese national living and working in Hong Kong and mainland. But what are you? A New Zealander? A white man giving advice to Chinese how to manage its own affair? Get a life, a new zealand one. Be a New Zealander and cares more about your country than other people's own affair.

aquauant said:

I guess someone dont like to hear the facts or dont understand facts. Who do I think I am? I am a Chinese national living and working in Hong Kong and mainland. But what are you? A New Zealander? A white man giving advice to Chinese how to manage its own affair? Get a life, a new zealand one. Be a New Zealander and cares more about your country than other people's own affair.

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I didn't understand the fact and I wanted to learn from the respected forum members here, I didn't understand why Hongkong ppl don't pay tax to China. You don't need to offend me by your low standard

antiterror13 said:

I didn't understand the fact and I wanted to learn from the respected forum members here, I didn't understand why Hongkong ppl don't pay tax to China. You don't need to offend me by your low standard

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If HK transfers taxes to the mainland the HK might expect returns the mainland is not willing to give.

cottage said it quite well actually this time.

anyways, let's get back to the topic or this interesting thread will get locked up..
what hk is capable of achieving also demonstrates limited democracy is possible. although hk is yet to become a full democratic society yet, much of its system, and the society itself, pretty much acts like an advanced state. hk enjoys a lot of democratic values, benefits that can be considered more advanced than your typical newborn democratic state. hk is almost a perfect model for china to follow and reference on for democratic experimentation and how to become an advanced chinese state with democracy. hk is almost like a j-20 mockup model built 99% completed(minus tattoos and small little things and what not) that was returned to china, and all it takes is for china to finish the last bit of pieces and the whole thing will be completely successfully assembled. having said that, it allows china itself an idea or guidance on how to frame itself or apply what was seen to make the real j-20. (this is also a reason the british were more endorsed by the hk in the lates of the timeline of colonization. the changes and introductions to the systems in the later/last portions of the timeline transformed hk into what it was today. it was quite a love-hate relationship, but the hate a much lesser of a thing. i even wonder if perhaps this is why japan is friendly with the US...the occupation saw the changes to japan in a quick rebuild and development to what japan is today..), and the same reason why hk really fears PRC and how china might undo hk itelf bit by bit.(there's lots of fears of this in the public, and usually perceived as the signs by the changes by pro-beijing parties towards the government, or as introduction of mainland chinese immigrants into the hk society.

anyways, i'll admit i have bias on this issue because i'm from hk..but this is also generally my opinions based on my limited knowledge..i also not sure if it's easy to find neutral opinions because articles written in english and chinese will probably be biased