Transcript: Hong Kong Residents Greet New Year With Trepidation

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With 1996 being the last full year of British rule, residents of Hong Kong are not sure what to expect once Chinese rule is implemented on June 30, 1997. Economics, self-rule and human rights are crucial.

BOB EDWARDS, Host: Nineteen ninety-six is an important year for the residents of Hong Kong. It's the last full year of British rule before the colony reverts to Chinese control on June 30, 1997. This year Beijing will appoint a chief executive for Hong Kong and a new legislative council to replace the current body, which is elected. The director of China's Hong Kong Affairs office, Liu Peng [sp], said today he hopes that 1996 will bring new ...

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