Red Flag Over Hong KongOn 1 July 1997 the red flag with five yellow stars of the People's Republic of China will be hoisted over Government House in Hong Kong, replacing the Union Jack and symbolizing the culmination of a profound political transition. The United Kingdom, which has governed the colony since 1841, will have transferred sovereignty and administrative responsibility over Hong Kong to mainland China's Communist party. Hong Kong is in for a rocky road in the years ahead. Future treatment of Hong Kong will be caught up in the political competition for control of China. Victims of that competition will include the free press, academic freedom, open and fair elections, and some portion of market freedom. Hong Kong will not be as tightly controlled as the rest of China, but neither will it be the free and vivacious place it has been for the past half century. The political and economic landscape will be filled with uncertainty, cronyism, lost freedoms, and more corruption than has been known in the recent past. It is a bleak picture indeed. |
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Page 36
... revolutionary cadres who survived the " long march ” into the caves of Yenan in the 1930s . Mao was a zealous Marxist revolu- tionary . After seizing power in 1949 , he sought the overthrow of all ex- isting social , political , and ...
... revolutionary cadres who survived the " long march ” into the caves of Yenan in the 1930s . Mao was a zealous Marxist revolu- tionary . After seizing power in 1949 , he sought the overthrow of all ex- isting social , political , and ...
Page 50
... revolutionary leader ; hero of the Chinese civil war ; first leader of the People's Republic of China ; architect of China's eco- nomic policies during its first quarter century ; and prolific author . Among Mao's writings are three of ...
... revolutionary leader ; hero of the Chinese civil war ; first leader of the People's Republic of China ; architect of China's eco- nomic policies during its first quarter century ; and prolific author . Among Mao's writings are three of ...
Page 196
... Revolutionary Guards , 73 Rights , Chinese tradition of , 32 , 65 Risk aversion , 175-76 Royal Instructions , 59 Rule of law : Hong Kong's , 21-24 , 62 , 121 ; vs. rule of man , 59 Russians , 74 al Sabah family , 73 Salience ...
... Revolutionary Guards , 73 Rights , Chinese tradition of , 32 , 65 Risk aversion , 175-76 Royal Instructions , 59 Rule of law : Hong Kong's , 21-24 , 62 , 121 ; vs. rule of man , 59 Russians , 74 al Sabah family , 73 Salience ...
Contents
The Last Fifteen Years | 6 |
An Overview of Hong Kong | 17 |
The Sweet and Sour of China | 35 |
Copyright | |
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30 June academic freedom Administrative Region Government agreements authorities autonomy Bank Basic Law Beijing Britain British Bueno de Mesquita Central People's Government chief executive China's leaders Chinese colonial Communist Party corruption courts currency decision maker democracy Deng Xiaoping elections estimated expected utility expected utility model figure forecasts foreign pressure future of Hong Hong Kong dollar Hong Kong government Hong Kong residents Hong Kong Special Hong Kong's future indifference curve interests issue Jiang Zemin Joint Declaration Joint Liaison Group Kong Special Administrative leaders in Beijing legislature Li Ka-Shing Li Peng logic and evidence mainland median voter ment military million National People's Congress officials outcome Patten Peng People's Republic percent player policy satisfaction political position predicted promises proposals provinces renminbi Republic of China rule of law salience Special Administrative Region stakeholders status quo tion trade U.S. dollar United Kingdom vote