Hong Kong is a special administrative region (SAR) of China. China's economy ranks 2nd in the world with Hong Kong's GDP PPP contributing 322,486 according to the IMF in 2010. Its currency is the Hong Kong Dollar (HKD). Bank deposits held for a fixed term in Hong Kong are called time deposits. According to CIA.gov its inflation was -0.5% in 2009 and 2.2% in 2010.