Hong Kong vs Frankfurt

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Hong Kong ( (listen); Chinese: 香港, Cantonese: [hœ́ːŋ.kɔ̌ːŋ] (listen)), officially the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR), is a metropolitan area and special administrative region of the People's Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world. Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898.The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under a principle of "one country, two systems".Originally a sparsely populated area of farming and fishing villages, the territory has become one of the world's most significant financial centres and commercial ports.

It is the world's tenth-largest exporter and ninth-largest importer. Hong Kong has a major capitalist service economy characterised by low taxation and free trade, and its currency, the Hong Kong dollar, is the eighth most traded currency in the world. Hong Kong is home to the second-highest number of billionaires of any city in the world, the highest number of billionaires of any city in Asia, and the largest concentration of ultra high-net-worth individuals of any city in the world. Although the city has one of the highest per capita incomes in the world, severe income inequality exists among its residents.Hong Kong is a highly developed territory and ranks fourth on the UN Human Development Index. The city has the largest number of skyscrapers of any city in the world, and its residents have some of the highest life expectancies in the world. The dense space led to a developed transportation network with public transport rates exceeding 90 percent. Hong Kong is ranked sixth in the Global Financial Centres Index and is ranked fourth in Asia after Tokyo, Shanghai and Singapore.

Source: Wikipedia

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Frankfurt, officially Frankfurt am Main (German: [ˈfʁaŋkfʊʁt ʔam ˈmaɪn] (listen); Hessian: Frangford am Maa, lit. "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 763,380 inhabitants as of December 31, 2019 make it the fifth-most populous city in Germany. On the River Main (a tributary of the Rhine), it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of 2.3 million. The city is the heart of the larger Rhine-Main Metropolitan Region, which has a population of 5.5 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr Region. Frankfurt's central business district lies about 90 km (56 mi) northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most important cities of the Holy Roman Empire, as a site of imperial coronations; it lost its sovereignty upon the collapse of the empire in 1806, regained it in 1815 and then lost it again in 1866, when it was annexed (though neutral) by the Kingdom of Prussia. It has been part of the state of Hesse since 1945. Frankfurt is culturally, ethnically and religiously diverse, with half of its population, and a majority of its young people, having a migrant background. A quarter of the population consists of foreign nationals, including many expatriates. Frankfurt is a global hub for commerce, culture, education, tourism and transportation, and rated as an "alpha world city" according to GaWC. It is the site of many global and European corporate headquarters.

Frankfurt Airport is Germany's busiest. Frankfurt is one of the major financial centers of the European continent, with the headquarters of the European Central Bank, Deutsche Bundesbank, Frankfurt Stock Exchange, Deutsche Bank, DZ Bank, KfW, Commerzbank, several cloud and fintech startups and other institutes. Automotive, technology and research, services, consulting, media and creative industries complement the economic base. Frankfurt's DE-CIX is the world's largest internet exchange point. Messe Frankfurt is one of the world's largest trade fairs. Major fairs include the Music Fair and the Frankfurt Book Fair, the world's largest book fair. Frankfurt is home to influential educational institutions, including the Goethe University, the UAS, the FUMPA and graduate schools like the Frankfurt School of Finance & Management. Its renowned cultural venues include the concert hall Alte Oper, Europe's largest English theatre and many museums (e.g. the Museumsufer ensemble with Städel and Liebieghaus, Senckenberg Natural Museum, Goethe House and the Schirn art venue at the old town). Frankfurt's skyline is shaped by some of Europe's tallest skyscrapers. The city is also characterised by various green areas and parks, including the central Wallanlagen, the City Forest, two major botanical gardens (the Palmengarten and the University's Botanical Garden) and the Frankfurt Zoo. In sports, the city is known as the home of the top-tier football club Eintracht Frankfurt, the Löwen Frankfurt ice hockey team, the basketball club Frankfurt Skyliners, the Frankfurt Marathon and the venue of Ironman Germany. It was also one of the host cities of the 1974 and 2006 FIFA World Cups.

Source: Wikipedia