Homepage / Asia / Hong Kong is a 'test case' on whether China keeps its word: Final British governor
“gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler test Users535352253 Due Diligence Blog Digital Data Rooms for the Netherlands Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review Why Companies Use a Data Room Review to Facilitate M&A Transactions The Best File Sharing Services How Online VDRs Are Used in M&A Deals Best Virtual Data Room How to Choose a Best Board Room Provider Choosing a Data Room for Due Diligence What Is a Data Room Business Software? Best Data Room Providers Review Data Room Providers Review Mostbet Tr Resmî Web Sitesinde Giriş Ve Kayıt Olm Kumar Oynamak Için En Iyi Yerdir The Benefits of Cloud Data Services for Enterprises Online Data Room and SSL How to Build a Diverse Board of Directors Best Virtual Data Review A Data Room Service Review How Runn Makes Project Data Accessible, Accurate and Shareable Five Pillars of Information Protection The Importance of Online Business Reports Benefits of Colocation Services Virtual Data Rooms Guide Choosing a Business Virtual Data Room Choosing the Right VDR Service Review

Asia

Hong Kong is a 'test case' on whether China keeps its word: Final British governor

Chinese President Xi Jinping touched down Thursday in the Special Autonomous Region of Hong Kong. Xi is there to mark 20 years on July 1 since the city’s handover from former colonial power the U.K., and was greeted by scores of children dutifully waving red Chinese flags.
According to Lord Chris Patten, the last British governor of Hong Kong, whether the Middle Kingdom honors the conditions of Hong Kong’s 50 year handover agreement will be indicative of its wider foreign policy in the future.

“The way China behaves in Hong Kong will give us all an indication of how much you can trust China in the century ahead,” Patten told CNBC’s Street Signs Thursday. The former Conservative party politician deemed the relationship between the world’s second largest economy and a city regarded as one of the world’s freest economic environments as a “test case” on “whether China keeps its word.”

Hong Kong’s ‘one country, two systems’ handover agreement, ratified in 1997, decrees that the “way of life (in the city) shall remain unchanged for 50 years.” It assures Hong Kong a level of autonomy away from the central government in Beijing and safeguards its capitalist economic system. But, another key tenet of the so-called Basic Law is democratically electing leaders through universal suffrage.

Some perceive China’s influence encroaching on the city, for example in the vetting of candidates in its chief executive leadership position and other political posts. Certain voices argue that the police responds to dissent with a heavy hand.

Patten was skeptical as to whether China could be trusted on the matter of Hong Kong, saying instead that “I think the jury’s out on that.” He cited what he viewed as China’s slippery commitment to World Trade Organisation rules as an example of the country pursuing its own agenda.

But disregarding Hong Kong’s provisional autonomy could mean serious repercussions for the superpower, as “people will be very reluctant to take (China’s) word on other matters,” Patten warned.

Pro-democracy campaigners in Hong Kong have shouted increasingly loudly in recent years, with this reaching a crescendo during the 2014 Umbrella Movement in which tens of thousands of students blocked central areas. Some leaders of this movement were elected onto the city’s Legislative Council in September.

“People in Hong Kong have a real sense – I think it’s in their DNA – of the relationship between freedom, pluralism, democracy and prosperity, and what’s interesting is that it’s not just older people, (but) young people as well,” Patten said. He argued that their sense of a hybrid Hong Kong-Chinese identity was important.

Patten posited that China wants Hong Kong to become just another southern Chinese city, arguing instead that “Hong Kong is about greater accountability, about the rule of law, (and) about the freedom of speech.”

Patten has given his support to young pro-democracy protesters in the city, describing them as “incredibly brave” and “absolutely right to argue about greater democracy.” But, he warned that the movement risks diluting support for its cause if it blurs lines with sentiments for independence.

Hong Kong’s potential to be an independent city state was dismissed by Patten as “never going to happen,” and that any campaign advocating this in fact “plays into the hands of the hard liners in Beijing.”

Reflecting on the process of returning the former British outpost to China, Patten said that “I think that we could have started on the process of democratization earlier, back in the 1980s, when we said that one of the guarantees of how Hong Kong would continue to be free should be the development of democracy.”

But for Patten, the tide in favor of Hong Kong’s democracy was ultimately quelled at the time by China, fearful that the city would become independent like Singapore.

“The Chinese have spent a lot of time talking about ‘one country, two systems,’ without ever having made the effort to understand what it means,” Patten said. “Hong Kong is still one of the freest cities in Asia, no question about it, and that’s how people would like it to remain” he said.

“I’ve never been against helping China to become a modern economy,” Patten said. “What I’m not in favor of is kowtowing to China,” he added.

Follow CNBC International on Twitter and Facebook.

Source: cnbc china
Hong Kong is a 'test case' on whether China keeps its word: Final British governor

Comments are closed.