Final answer:
Hong Kong, post its turnover to the People's Republic of China, became a special autonomous region while remaining capitalist and democratic in its operations. It retained its separate and independent economic and political status while also serving as a major financial and banking center for Asia. Trade with China increased through Hong Kong and the city of Shenzhen.
Step-by-step explanation:
Hong Kong, post its turnover to the People's Republic of China, became a special autonomous region while remaining capitalist and democratic in its operations. It retained its separate and independent economic and political status while also serving as a major financial and banking center for Asia. Hong Kong's association with mainland China facilitated increased trade with China, and the special economic zone of Shenzhen, located across the border from Hong Kong, capitalized on its proximity to the port of Hong Kong to establish trade and commerce.