What was the first foreign-owned factory opened up in Hong Kong as noted in the biography, Factory Man?

The Taiping Handbag Factory was the first foreign-owned factory opened up in Hong Kong. It was the start of something big that was sometimes referred to as the “Chinese invasion.” By 1980, the Chinese had established four special economic zones and within a decade Chinese exports surpassed $100 billion.

The Taiping Handbag Factory was the first foreign-owned factory opened up in Hong Kong. It was the start of something big that was sometimes referred to as the “Chinese invasion.” By 1980, the Chinese had established four special economic zones and within a decade Chinese exports surpassed $100 billion.