NOTES
1979 figures from IMF, International Financial Statistics, 1987 Yearbook: 1989 figures from China Trade Report XXVII (April 1990), p.15, citing State Statistics Bureau.
For one example of this logic, see Tania Chen, "Hong Kong: Beijing Shows It Can't Be Trusted," International Herald Tribune, August, 18.
1989, p. 4
One of the first surveys of this subject, originally done in 1971 as a contract research paper in connection with Nixon's forthcoming trip to China, was William H. Overholt, "Would Chiang Find Mao An Excessively Strange Bedfellow?" Asian Survey XIV, 8 (August 1974)
) On investment and trade, see Hong Kong Economic Survey Limited, "Building Prosperity: A Five Part Strategy for Hong Kong's Future," (Hong Kong, 1989), pp. 64-65
5) ibid., p. 66
6) The Consultative Committee for the Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China, "The Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China," Hong Kong, April 1990
(7) See Stephen Vines, "Why Elections Still Matter," Asian Wall Street
Journal, April 5, 1990, p.8
(8) Hong Kong per capita income is approaching Britain's, although exchange rate fluctuations make precise comparisons impossible, and due to lower taxes and lower costs the average standard of living may already be higher.
(9) For further details, see William H. Overholt, “Hong Kong and China:
A New Relationship," Current History 84, 503 (September 1985).
(10) Prime Minister Lee Kwan Yew, "Prime Minister's Eve of National Day Broadcast,” August 8, 1989, p. 4. He said "over 4000 families.” Official figures cited by the press coverage of this speech gave the number as 4,707 families, but refused to divulge the number of individuals. The average number of individuals per family could be as low as 2.6, the average size of a Singapore nuclear family, or over 4, given that emigrant families tend to be in the childbearing years and some families may include more than just a nuclear family. Hong Kong's population is 5.7 million, Singapore's 2.7 million.