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... occupied by the British during the Opium War (1839-42). The colony prospered as an east-west trading center, the commercial gateway to, and distribution center for, S China. It was efficiently governed, and its banking, insurance, and shipping services quickly became known as the most reliable in SE Asia. In 1921 the British agreed to limit the fortifications of the colony, and this contributed to its easy conquest (Dec. 25, 1941) by the Japanese. It was reoccupied by the British on Sept. 16, 1945.
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