Britain Signs Agreement to Leave Hong Kong in 1997

Article abstract: Britain signs an agreement to leave Hong Kong in 1997, marking one of the final steps away from its colonial heritage while bringing into question the continuing free market status of Hong Kong.

Summary of Event

British possession of Hong Kong Island was first obtained by the Treaty of Nanking (1842) that settled the first Opium War. Although the sale of Indian opium in China was part of that agreement, the Chinese continued to resist, and after a second war, 1858-1860, China was forced to cede the southern Kowloon Peninsula by the...

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