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The identify with the territory, 1st spelled "He-Ong-Kong" in 1780, at first referred to a little inlet concerning Aberdeen Island along with the southern Coastline of Hong Kong Island. Aberdeen was an Original issue of Make contact with concerning British sailors and native fishermen. Even though the supply of the romanised identify is unfamiliar, it is normally considered to get an early phonetic rendering on the Cantonese pronunciation hēung góng. The title interprets as "fragrant harbour" or "incense harbour".
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It's got little arable land and couple pure sources, importing the vast majority of its meals and raw components. Imports account for more than 90 % of Hong Kong's foods source, such as nearly all its meat and rice.
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Straight away following the transfer, Hong Kong was seriously impacted by quite a few crises. The federal government was compelled to use sizeable international-Trade reserves to keep up the Hong Kong greenback's forex peg during the 1997 Asian financial disaster, along with the Restoration from this was muted by an H5N1 avian-flu image source outbreak[seventy three] and a housing surplus.
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