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As regards the period before 1997, most people believe

that only if prosperity and stability are maintained in the next

thirteen years can there be any hope that prosperity and stability

would continue for fifty years after 1997. People are worried

that in order to reach an early accord, the Governments of China

and Britain may come to an Agreement which will be lacking in

detail and meaningless. This would lead to a loss of confidence,

an exodus of professional and talented people, an outflow of

capital, a lack of investment; resulting in economic recession in

Hong Kong. Furthermore, people are worried that the jostling for

power in the next 13 years may threaten the stability and

prosperity of Hong Kong, forcing China to interfere or take over

Hong Kong before 1997.

As regards the period after 1997, most people similarly believe that if there is no confidence in the arrangements after 1997, it would not be possible to maintain prosperity and

stability in the 13 years before 1997. In particular, there are three main worries about post-1997 arrangements:

First, people are worried that instead of

genuinely being administered by the people of

Hong Kong, the future Government of Hong Kong

would actually be administered from Beijing.

Although China may not send any cadres to

Hong Kong, the people administering Hong Kong in the future Government of Hong Kong may in fact be controlled by Beijing.

Second, people fear that the middle and lower

level cadres who are responsible for the implementation of China's policy over Hong

Kong may not be able to accept the capitalist

systems and lifestyle of Hong Kong. They may not implement the policy of the central Government of China and they may interfere in

the local administration.

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