High Quality Content by WIKIPEDIA articles! High Quality Content by WIKIPEDIA articles! 1960s in Hong Kong continued with the development and expansion of manufacturing that began in the previous decade. The economic progress made in the period would categorise Hong Kong as one of Four Asian Tigers along with Singapore, South Korea, and Taiwan.Economically, this era is considered a major stepping stone for Hong Kong. It is considered the first turning point for Hong Kong's economy. The per capita GDP was still relatively low in 1960. It was approximately the same as Peru, South Africa and Greece in the same decade.