Chinas Hong Kong Transformed

Hong Kong has undergone sweeping transformation since its return to Chinese sovereignty in 1997. This is a multidisciplinary assessment of the new regime and key issues, challenges, crises and opportunities confronting the Hong Kong Special Administrative Region (HKSAR).

13. Walking a Tight Rope: Hong Kong's Media Facing Political and Economic Challenges Since Sovereignty Transfer -- 14. Postcolonial Cultural Trends in Hong Kong: Imagining the Local, the National, and the Global -- 15. Conclusion: Crisis and Transformation in the Hong Kong SAR-Toward Soft Authoritarian Developmentalism? -- The Editors and Contributors -- Index

The impressive array of penetrating analysis and provocative interpretations afforded by this volume’s 14 chapters sharpen appreciation of the ongoing transformations of China’s Hong Kong since 1997 and the possibilities embedded in its journey toward an integrative merger-convergence with the Mainland by 2047. A unique strength of this volume lies with the wide ranging views and divergent assessments offered by the chapter authors of different nationalities, varied experience, diverse academic/professional disciplines, and of competing ideo-political persuasions. Ten of them are leading academics (economist, historian, legalist, media scholar, political scientist, sociologist) well-published on Hong Kong topics while seven are seasoned practitioners on the cutting edge of Hong Kong’s development (as HKSAR official, legislator, Basic Law Committee member, business leader, think-tank expert, journalist, and US diplomat). Published by City University of Hong Kong Press. 香港城市大學出版社出版。

In the tumultuous negotiations of the Sino-British Joint Declaration of 1984, the United Kingdom willingly signed over Hong Kong's reigns to the People's Republic of China, but with the presupposition that the PRC would faithfully implement the principle of 'one country, two systems' for the following fifty years. Yet since the handover in 1997, the PRC has failed to allow Hong Kong a higher degree of autonomy. 'One Country, Two Systems' in Crisis elucidates how China's intervention has curtailed Hong Kong's civil liberties; how freedom of speech is at the mercy of the government; and how deception has turned the 'Pearl of the Orient' into the rubber stamp of the Chinese Communist Party.

The issues surrounding Hong Kong's global position and international links grow increasingly complex by the day as the process of Hong Kong's transformation from a British colony to a Chinese Special Administration Region unfolds. This volume addresses a number of questions relating to this process. How international is Hong Kong? What are its global and international dimensions? How important are these dimensions to its continued success? How will these dimensions change, especially beyond the sphere of economics? Is Hong Kong's internationalization, defined in terms of its willingness to embrace international values and its capacity to maintain its international presence, at risk? These questions are presented as they pertain to the changing situation; relations between mainland China, Taiwan and Hong Kong; the positions of Australia, Canada and the United States on Hong Kong; internalization of international legal values; Americanization vs. Asianization; linkages to the world through Guangdong; strategies to emigrate overseas, cultural internationalization; media internationalization and universities within the global economy.

Between 1949 and 1997, Hong Kong transformed from a struggling British colonial outpost into a global financial capital. Made in Hong Kong delivers a new narrative of this metamorphosis, revealing Hong Kong both as a critical engine in the expansion and remaking of postwar global capitalism and as the linchpin of Sino-U.S. trade since the 1970s. Peter E. Hamilton explores the role of an overlooked transnational Chinese elite who fled to Hong Kong amid war and revolution. Despite losing material possessions, these industrialists, bankers, academics, and other professionals retained crucial connections to the United States. They used these relationships to enmesh themselves and Hong Kong with the U.S. through commercial ties and higher education. By the 1960s, Hong Kong had become a manufacturing powerhouse supplying American consumers, and by the 1970s it was the world’s largest sender of foreign students to American colleges and universities. Hong Kong’s reorientation toward U.S. international leadership enabled its transplanted Chinese elites to benefit from expanding American influence in Asia and positioned them to act as shepherds to China’s reengagement with global capitalism. After China’s reforms accelerated under Deng Xiaoping, Hong Kong became a crucial node for China’s export-driven development, connecting Chinese labor with the U.S. market. Analyzing untapped archival sources from around the world, this book demonstrates why we cannot understand postwar globalization, China’s economic rise, or today’s Sino-U.S. trade relationship without centering Hong Kong.

Winner of the Lionel Gelber Prize National Book Critics Circle Award Finalist An Economist Best Book of the Year | A Financial Times Book of the Year | A Wall Street Journal Book of the Year | A Washington Post Book of the Year | A Bloomberg News Book of the Year | An Esquire China Book of the Year | A Gates Notes Top Read of the Year Perhaps no one in the twentieth century had a greater long-term impact on world history than Deng Xiaoping. And no scholar of contemporary East Asian history and culture is better qualified than Ezra Vogel to disentangle the many contradictions embodied in the life and legacy of China’s boldest strategist. Once described by Mao Zedong as a “needle inside a ball of cotton,” Deng was the pragmatic yet disciplined driving force behind China’s radical transformation in the late twentieth century. He confronted the damage wrought by the Cultural Revolution, dissolved Mao’s cult of personality, and loosened the economic and social policies that had stunted China’s growth. Obsessed with modernization and technology, Deng opened trade relations with the West, which lifted hundreds of millions of his countrymen out of poverty. Yet at the same time he answered to his authoritarian roots, most notably when he ordered the crackdown in June 1989 at Tiananmen Square. Deng’s youthful commitment to the Communist Party was cemented in Paris in the early 1920s, among a group of Chinese student-workers that also included Zhou Enlai. Deng returned home in 1927 to join the Chinese Revolution on the ground floor. In the fifty years of his tumultuous rise to power, he endured accusations, purges, and even exile before becoming China’s preeminent leader from 1978 to 1989 and again in 1992. When he reached the top, Deng saw an opportunity to creatively destroy much of the economic system he had helped build for five decades as a loyal follower of Mao—and he did not hesitate.

At midnight on June 30, 1997, Hong Kong became part of the People’s Republic of China. The transfer of Hong Kong sovereignty from Great Britain to China was an extraordinary historical event, signifying the end of the West’s colonial presence in Asia and the rise of China’s hegemony. In 150 years as a British colony, Hong Kong changed from a barely inhabitable colonial entrepôt to one of the world’s leading financial and industrial centers. Faced with a new social and economic order under Chinese law, many Hong Kongers moved to a new country; others decided to stay; but many chose to maintain their lives and livelihoods in Hong Kong, while spreading their assets and their family members around the world. They bought apartments in London and condos in Vancouver, invested in firms in Guangzhou and Thailand, and sent their children to schools in Europe and Australia. These new up-market migrants have transformed a cosmopolitan outlook into a global presence. Cosmopolitan Capitalists focuses on the people of Hong Kong and how they are defining themselves under altered circumstances. It is a broad multi-disciplinary view of Hong Kong’s transformation, written for a general audience by some of the world’s foremost scholars on the region.

As Hong Kong transforms from a colonial dependent territory to a Chinese special administrative region, its international status will be increasingly connected to China's position in the world. the nature of Hong Kong global linkages are shifting as thepo

Now available in a fully-revised and updated third edition, this established textbook provides a penetrating and comprehensive analysis of the historical, institutional, and theoretical factors that have contributed to China’s economic success. Includes coverage of China’s foreign investments, trade with regional partners, Chinese human capital, and bureaucratic economic institutions Covers a diverse set of important issues, including environmental restraints, income distribution, rural poverty, the education system, healthcare, exchange rate policies, monetary policies, and financial regulation Accessibly written and intelligently organized to offer a straightforward guide to China’s economic evolution Written by a lauded economist, researcher, and advisor to government officials in mainland China and Taiwan