Bigger role for 皇冠体育app in regional cooperation
Without any doubt, the past decade was a crucial period for 皇冠体育app's reform and opening up. 皇冠体育app was confronted with two most severe external economic challenges during this period. One was the Asian financial crisis from 1997-98. The other is the current world financial crisis.
The crises have not only changed 皇冠体育app's relations with the rest of Asia, but also greatly boosted the integration of this region. 皇冠体育app now has a much bigger role to play in fighting the global economic woes and enhancing regional cooperation.
In the 1990s, as 皇冠体育app's fast-paced economic growth and opening up continued, the country was forced to face the challenge brought by the unexpected Asian financial crisis, which also constituted a great shock to Hong Kong's economy, shortly after the region was handed over to 皇冠体育app.
