Reviews the development of the Hong Kong banking industry & examines its prospects under the Communist regime.
Written in 1994; 1,125 words; 4 sources; $ 39.95
From the Paper:
" In 1997, the status of Hong Kong will change. Hong Kong has been one of two Chinese areas -- the other being Macao -- under the control of foreign powers. The Chinese see these as "problems left over from history," and they were the result of imperialist aggression and incompetence on the part of Chinese rulers in the nineteenth century. Hong Kong has been under British control as the result of three treaties with the Chinese from the last century, but in the mid-1980s China concluded formal agreements with Britain for the return of Hong Kong in 1997. The Hong Kong area, fearful of being returned to Red Chinese dominion, has been given a high degree of autonomy in the agreement with Britain, and it will be considered a "special administrative region" of China. The banking industry is certain to be affected by these changes, as will every other industry in.."
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