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Article: Reflections on the economic future of Hong Kong.(Symposium: Hong Kong's Reintegration into the People's Republic of China)
- Article from:
- Vanderbilt Journal of Transnational Law
- Article date:
- October 1, 1997
- Author:
CopyrightCOPYRIGHT 1997 Vanderbilt University, School of Law. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mah jiu paau. Mouh jiu tiuh.
The horses will go on running.
The dancing will continue.
Deng Xiaoping's Pledge, in Cantonese,
to the People of Hong Kong(1)
I. INTRODUCTION
The reunification of Hong Kong, one of the world's premier free market economies, with the People's Republic of China (hereinafter P.R.C.), one of the world's last remaining communist states, is an unprecedented political feat. Never before has a communist country attempted to absorb an autonomous, fully developed capitalist economy. Change of this magnitude inevitably creates great uncertainty. Every step is a first step, sometimes forward ...