"Runge" wrote in message
news:cccile$17u$1@news-reader3.wanadoo.fr...
> Huh?
What?
>
> "Peter L" a écrit dans le message de
> news:2ktjn1F6f8bqU1@uni-berlin.de...
> >
> > "Runge" wrote in message
> > news:cc8eot$106$1@news-reader1.wanadoo.fr...
> > > The political situation would have been much better and people would
not
> > > fear so much anti democratic maneuvers from the mainland.
> > >
> >
> > Because under British rule the people knew for sure there is no hope of
> any
> > semblence of democracy. So there was no illusions. Under the current
> > situation there is an illusion to democracy. A little bit of hope is a
> > dangerous thing.
> >
> >
> > > "Steve Bougerolle" a écrit dans le message de
> > > news:pan.2004.07.04.00.02.43.558522@bougerolle.net...
> > > > On Sat, 03 Jul 2004 23:03:37 +0200, me wrote:
> > > >
> > > > > Anyone ever wondered what Hong Kong and its economic situation
would
> > > > > be like now if 1997 would never have happened and HK would still
be
> > > > > British?
> > > >
> > > > Probably worse than it is now. Hong Kong's economy was distorted
for
> > > > years before the handover by the (unwritten?) terms of the joint
> > > > declaration. In particular the property market boomed because the
> > British
> > > > government agreed not to sell too much land (that would have looked
> like
> > a
> > > > British cash-grab, much as the airport did), limiting supply at a
time
> > > > when demand was booming. The currency peg also helped matters
along,
> no
> > > > doubt. If it weren't for the handover there would have been no need
> for
> > > > any of this, but HK would still have suffered from the 1997 Asian
> > collapse
> > > > and fallen from a lower point than it did.
> > > >
> > >
> > >
> >
> >
>
>
|