What China stands to lose after regaining Hong Kong
Article Abstract:
The imminent turnover of Hong Kong to China in July 1997 will cause a dilemma for the Chinese government. If China imposes its political will on Hong Kong, which it is wont to do, it may potentially undermine the economic balance in the colony, thereby minimizing the economic gains it can in turn derive from Hong Kong. This possibility could come true given the threat of China to dissolve Hong Kong's freely elected legislative body. If this happens, China stands to lose the economic benefits it has been enjoying while Hong Kong is still out of their grip.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Legal crises plague Hong Kong's transition
Article Abstract:
The differences in ideology and interest between Hong Kong and China raise critical legal issues that will affect efforts to establish legal and political institutions once the territory returns to Chinese rule in 1997. At the heart of the issue is whether Hong Kong's Legislative Council conforms to China's Bill of Laws. For China, Hong Kong's laws and institutions can only be legitimate if they implement the sovereign's will and if they follow the rules mandated by the superior sovereign body.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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'Hong Kong textile industry' no longer exists
Article Abstract:
The rise of China-made garments labeled made in Hong Kong has raised issues concerning the quota of textile and garment exports to the US when the countries are reunified in 1997. Hong Kong officials, however, deny that the garments are made in factories in China and are illegally transshipped to the territory. Observers believe that the integration of the textile industries of Hong Kong and China, which began in the 1970s, made the territory the largest textile exporter.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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