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Hong Kong

In conjunction with its military campaign in the [Second World War] , the [Empire of Japan] invaded Hong Kong on 8 December 1941. The [Battle of Hong Kong] ended with British and Canadian defenders surrendering control of the colony to Japan on 25 December. During the [Japanese occupation] , civilians suffered widespread [food shortage] s, [rationing] , and [hyper-inflation] due to forced exchange of currency for military notes. Hong Kong lost more than half of its population in the period between the invasion and Japan's surrender in 1945, when the United Kingdom resumed control of the colony.

Hong Kong's population recovered quickly as a wave of migrants from China arrived for refuge from the ongoing [Chinese Civil War] . When the People's Republic of China was proclaimed in 1949, more migrants fled to Hong Kong in fear of persecution by the [Communist Party] . Many corporations in Shanghai and [Guangzhou] also shifted their operations to Hong Kong.

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