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The Rise and Decline of Hong Kong Garment Industry

The Rise and Decline of Hong Kong Garment Industry

The Rise and Decline of Hong Kong Garment Industry

Industrial development in Hong Kong has a long history. Making boats and shipping related industries were the first to develop. More heavy industries developed by European companies. In the early 20th century, Chinese merchants established factories in Hong Kong, stimulating such industries as textile and the manufacturing of rubber shoes and torches. By the time of Japanese occupation, local industries had already made much progress.

Imperial Preference began in 1932. Hong Kong enjoyed tax privileged tax for products imported into the British Empire and its territories....