Description
What will the reversion of Hong Kong mean to the people of Hong Kong - and the rest of us - who invest, trade, and shop there? Over the last fifty years Hong Kong has served as a refuge from those who fled communism in China. It became the greatest entrepot and financial center on the Asian mainland. A stunning percentage of the world's trade passed through its magnificent harbor. The focus of this book is on the impact Chinese control is likely to have on the city's role in the international economic system, and how the business community will be affected. Issues of trade and finance, of political economy, and concerns about Chinese respect for the rule of law predominate. The result is a balanced analysis of a sensitive subject: the prospects for Hong Kong's continued success and freedom.
Chapter
2 Cooking the Rice without Cooking the Goose
THE RULE OF LAW: THREE MODELS AND THE BASIC DEBATE
BATTLING OVER BUSINESS: PREDICTION AND PERSUASION
CAUSES FOR CONCERN OVER HONG KONG'S POST-1997 LEGAL ORDER
4 The Economic and Political Integration of Hong Kong
GOVERNMENT-BUSINESS RELATIONS IN HONG KONG
GOVERNMENT-BUSINESS RELATIONS AFTER 1997
5 Hong Kong and Greater China
THE EMERGENCE OF GREATER CHINA
THE ROLE OF HONG KONG IN GREATER CHINA
ROLES OF MAINLAND CHINA AND TAIWAN
FACTORS CONTRIBUTING TO ECONOMIC INTEGRATION
IMPLICATIONS OF THE REVERSION
6 One Country, Two Currencies
THE HONG KONG MONETARY SYSTEM
THE CHINESE MONETARY SYSTEM
COEXISTENCE OF THE TWO SYSTEMS
7 Political Participation in Hong Kong
THE POLITICAL AND ECONOMIC ENVIRONMENTWith the approach of 1997, the Chinese authorities' influence on Hong
ELECTIONS AND THE DEVELOPMENT OF POLITICAL PARTIES
THE CHINESE AUTHORITIES' POSITION ON REPRESENTATIVE GOVERNMENT
DEVELOPMENT OF INTEREST GROUPS
8 Strategic and Military Implications of Hong Kong Reversion1
THE MILITARY DIMENSION I: HONG KONG'S REVERSION AND BEIJING'S REGIONAL MILITARY POSITION
THE MILITARY DIMENSION II: THE IMPACT OF REVERSION ON THE U.S. POSITION IN THE ASIA PACIFIC REGION
THE BROAD STRATEGIC DIMENSION
THE BROAD STRATEGIC DIMENSION I: THE IMPACT OF HONG KONG'S REVERSION ON THE SITUATION IN THE TAIWAN STRAIT
THE BROAD STRATEGIC DIMENSION II: HONG KONG'S REVERSION AND CHINA'S STATUS IN THE ASIA PACIFIC REGION
THE BROAD STRATEGIC DIMENSION III: THE IMPACT OF REVERSION ON U.S. RELATIONS WITH CHINA
9 Hong Kong and China's Integration into the International Community1
THE TROUBLED NEGOTIATIONS8
10 Hong Kong as a Problem in Chinese-American Relations
11 Post-July 1997 Challenges
CHALLENGE #1: LOBBYING BEIJING
CHALLENGE #2: DEVELOPING COUNTERPARTS TO BEIJING GOVERNING BODIES
CHALLENGE #3: MODIFYING THE CIVIL SERVICE
CHALLENGE #4: COPING WITH POLITICAL SUPERVISION
CHALLENGE #5: DEALING WITH POLITICAL SUBVERSION
CHALLENGE #6: SHAPING THE GOVERNING INSTITUTIONS