Number: RS20786 Title: Hong Kong-U.S. Economic Relations Authors: Wayne M. Morrison, Foreign Affairs, Defense, and Trade Division Abstract: Hong Kong is described by many observers as having the world's freest economy due to its low tax, free trade, and strong rule of law policies. Hong Kong is an important U.S. trading partner and serves as a gateway for many U.S. companies doing business in China. For those reasons, the continued economic autonomy of Hong Kong is of concern to Congress, as are a variety of trade issues such as the effectiveness of Hong Kong's export control regime on dual-use technologies, and protection of U.S. intellectual property rights. Pages: 6 Date: January 27, 2005