The artist who created a super-helpful explainer on the differences among England, the UK, and the British Isles is back, this time with a primer on China. Each one has its own government, money, police force, schools, and even languages. Check out the video below for the quick, correct, and funny explainer, which will make you feel a lot more confident about any future Macau, Hong Kong, or China references.
For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. It is an independent state, but one with limited recognition. This complicates things for those like us who want to visit every country in the world, as the list of countries is generally based on UN membership.
But yeah, this is a minor detail. Well, in , the Chinese government fled to Taiwan which was then part of China when the Communist Party of China took control of the mainland during the Chinese Civil War, leading to the current situation. Politically, Taiwan is a multi-party democracy, while China is a unitary one-party socialist republic.
While China has a population of 1. Taiwan only controls the island formerly known as Formosa, as well as a few small neighboring islands, and its capital and main metropolitan area is Taipei. The relationship between Hong Kong and China is what is at the root of the current protests in Hong Kong.
It is essentially only one city with surrounding islands. The question is: Is Hong Kong in China or not? It was then transferred to China. Hong Kong retains its own separate economic, legal and administrative system. It has a capitalist economic system. When I went in , I took the subway from Hong Kong to Shenzhen in China , and the border formalities between the two areas were the same as if I had crossed into a completely different country although I am not aware of any other place in the world where you can take the subway to cross a border.
Full disclosure: Hong Kong is one of my favorite cities in the world, and it really is a unique place. Unique, notably, because of the mix of cultures and many expats. I love skyscrapers, so one last nugget: there is no city in the world with more people living above the 14th floor than Hong Kong. Its population has the 9th longest life expectancy in the world, and it has the highest concentration of ultra-high-net-worth individuals of any city in the world.
This one will be very simple: Macau sometimes spelled Macao is just like Hong Kong. In , this city of , hosted nearly Macau's traditional manufacturing industry has slowed greatly since the termination of the Multi-Fiber Agreement in As a result, Macau's inflation-adjusted GDP contracted Macau continues to face the challenges of managing its growing casino industry, risks from money-laundering activities, and the need to diversify the economy away from heavy dependence on gaming revenues.
Macau's currency, the pataca, is closely tied to the Hong Kong dollar, which is also freely accepted in the territory. GDP - composition by sector agriculture: 7. Population below poverty line 0. Labor force Labor force - by occupation agriculture: Unemployment rate 3.
Distribution of family income - Gini index Industries world leader in gross value of industrial output; mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizer; consumer products including footwear, toys, and electronics ; food processing; transportation equipment, including automobiles, railcars and locomotives, ships, aircraft; telecommunications equipment, commercial space launch vehicles, satellites tourism, gambling, clothing, textiles, electronics, footwear, toys Industrial production growth rate 6.
Taxes and other revenues GDP - composition, by end use household consumption: Gross national saving Energy China Macau Electricity - production 5. Electricity - consumption 5. Electricity - exports Electricity - imports 6. Oil - production 3. Oil - imports 6. Oil - proved reserves Natural gas - proved reserves 5.
Natural gas - production Natural gas - consumption Natural gas - exports 3. Natural gas - imports Electricity - installed generating capacity 1.
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