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Why Hong Kong’s protests are a very big deal - The Washington Post
Keywords:
In addition to the efforts by protests to preserve Hong Kong's special autonomous status, there is a protest by students "Occupy Central," similiar to the "Occupy Wall Street" protests. That aspect of the protest is aimed less at Beijing than at the financial establishment in Hong Kong. Because of its role as financial capital in Asia a lot is at stake for the U.S., Britain, and for China itself, in preserving the special role that Hong Kong has enjoyed for two decades since 1997 transfer from Britain. That independent role and separate status is needed for a world financial centre and access to the best human resources.
Hong Kong as Special Administrative Region in China- the effort to preserve the "high degree of autonomy" guarantee in the 1997 transfer agreement 20 years later
09/29/2014
Democracy protests in 2014 are intended to preserve Hong Kong's special status under the "one country, two systems" transfer agreement with Britain of 1997. Remarkably China permitted Hong Kong to function as a separate region of 7 million Chinese people enjoying a vibrant media, independent governance, and separate financial system. This helped the mainland develop its own economic system gaining fom the experience of Hong Kong as a financial capital in Asia. Fears that the independent system is being eroded have led to the protests in 2014. As Beijing and Shanghai have evolved in the last decade with Western experience and knowhow in many fields, China may see less need to preserve the status quo. How China responds also gives some indication in which direction it is moving- towards a more open, transparent economic and political system, or pulling back to strengthen the control of the Communist Party. The U.S., Britain, and China itself have a lot at stake in how China's Jinping-Li Keqiang government tackles Hong Kong's autonomy and expectations.
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Why Hong Kong’s protests are a very big deal - The Washington Post
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Hong Kong's new Chief Executive, Mr Leung, was elected by some 1200 business and political leaders. China has said Hong Kong will have universal suffrage and direct elections starting in 2017. This makes it likely Leung will have to govern with a view to winning public support. Leung plans pro-growth policies and says the growth rate of about 4% lags too far behind the over 6% in Singapore, in an interview with the Wall Street Journal in 2012. In August 2014 Leung's outspoken support for the Chinese government's decision to go back on the spirit of the Basic Law -and promises made for no prescreening of candidates in 2017 "one man, one vote" elections- made him hugely unpopular. Protestors demanded his resignation in September 2014.
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Why Hong Kong’s protests are a very big deal - The Washington Post
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China President Xi Jinping Faces Stark Choices Over Hong Kong Protests
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Crackdown on Protests by Hong Kong Police Draws More to the Streets
New York Times 09/28/2014
Pro-Democracy Protests Shake Hong Kong
Wall Street Journal 09/29/2014
Why Hong Kong’s protests are a very big deal - The Washington Post
Washington Post 09/30/2014
China President Xi Jinping Faces Stark Choices Over Hong Kong Protests
Wall Street Journal 09/30/2014
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