Lei, Chun Kwok; Yao, Shujie - 2007
Hong Kong and Macau were re-united with China in the late 1990s as two special administrative regions (SARs). Over the … last half century, they were China's good examples of economic development, windows of openness and investors. Due to … historical reasons, China lagged far behind Hong Kong and Macau in terms of per capita incomes. However, rapid economic growth in …