China one after another. Russia leased the Port of Dalian in the Northeast, Germany leased Qingdao City and some other places in Shangdong Province, while France leased the then Guangzhou Wan (Now Zhenjiang City) in the west part of Guangdong Province. Under such circumstances, The British did not lag behind, so just two and a half years after Japan occupied Taiwan as the result of the defeat of Qing Empire in the Sino-Japanese War in 1895. The British lost no time in seizing a large piece of land and a large number of islands around Hong Kong which made up what Hong Kong is today. At a discussion in the Parliament on whether to take this voracious imperialistic action or not, a minister warned, "if we miss this chance to de so, it will be too late. Because China will become strong in half a century, what he predicted at the end of last century became true exactly half a century after that. In 1949, the People's Republic of China (P.R.C.) was founded.
             The Geographical Situation of Hong Kong and Its Position as an International Financial and Trading Center Today
             Facing the South China Sea and the vast Pacific Ocean areas, Hong Kong is at the mid-way between Beijing and Indonesia, also the midway point between Tokyo of Japan and the central part of India.
             It serves as the gateway to South China from Europe, Australia, America and Japan, having a very convenient connection with the hinterland of the Central, South and Southwest China through the City of Guan
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