From Vision to Global Impact
Born from Deng Xiaoping’s 1982 blueprint for unity, the 'One Country, Two Systems' principle has shaped Hong Kong and Macao into unique players on the world stage. As these SARs mark 42 years of the policy, their international influence keeps growing .
Trade Powerhouses in Action
Both regions flex their economic muscles under WTO membership as 'Hong Kong, China' and 'Macao, China'. Hong Kong scored a major win in 2022 when a WTO panel ruled against U.S. origin-labeling restrictions – a victory for fair trade . Meanwhile, Macao’s tariff-free free port status makes it a WTO 'role model,' avoiding trade disputes while boosting accessibility for shoppers and businesses
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Why This Matters to YOU
For globetrotters , Macao’s zero-tariff policy means better deals on electronics and wine. Entrepreneurs eyeing Asia? Hong Kong remains a gateway for global trade. And for policy nerds, this system shows how regions can balance local autonomy with national unity – a case study in modern governance
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Reference(s):
cgtn.com