Article: Hong Kong looks to the future with anxiety and cautious optimism.(Originated from Orange County Register)

In less than a year, Hong Kong will cease to exist as the world has known it for the past 150 years.

At the stroke of midnight on June 30, 1997, the enclave of 6.3 million people will unite with the 1.2 billion in communist China.

Somewhat.

Hong Kong will enjoy special privileges for 50 years, including a ``hands-off'' approach to its local government and economy. China promises that the changes it plans are nothing more than cosmetic.

``When you wake up on the 1st of July, 1997, you will find that everything will be the same as present,'' Lu Ping, the Chinese official in charge of the changeover, said this month.

But many wealthy Hong ...

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