How did Hong Kong become rich?|During the 1950s, Hong Kong began its transformation to the modern economic success story of today. .An influx of capital and entrepreneurial talent from Shanghai in the late 1940s and the Korean War trade embargo of China in 1950 spurred the colony's industrial development
How did Hong Kong achieve its current prosperity? Was it due to the influx of capital and entrepreneurial skills from Shanghai in the late 1940s? Or did the Korean War trade embargo against China in 1950 play a pivotal role in catalyzing the industrial development of this colony, leading to its transformation into the economic success story of today?