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OCTOBER 2006, NUMBER FOUR


U.S. Policy Choices: Don’t Let Hong Kong Drift

By Randall G. Schriver

At a recent conference on U.S. foreign policy strategy, a distinguished group of Americans consisting of seven former cabinet level officials, three current members of the U.S. Congress and many notable Asia-hands, spent five days discussing U.S.-China relations.

Hong Kong Finds Its Way

By David K.P. Li

Hong Kong has lost its historic role as the leading gateway to China, but new opportunities in financial markets offer great economic promise, writes David K.P Li, chairman and chief executive of the Bank of East Asia. Even though the mainland is ending a closed door policy that gave Hong Kong special advantages, the SAR’s own financial industry and government are moving quickly to take advantage of China’s changing financial rules.

By Christine Chung

Bringing modern operating methods to Hong Kong’s nascent political parties is a difficult task for outside organizations, according to Christine Chung, until recently the resident country director for China for the National Democratic Institute for International Affairs. Local conditions, such as rivalries between parties that follow Beijing’s guidance and those that don’t, complicate efforts to introduce standard methods of organization on a nonpartisan basis.

By Christopher Jackson

Hong Kong businessmen should stop resisting the development of democratic politics and instead join the process to protect their own interests, writes Christopher Jackson, a former Hong Kong civil servant who headed its trade offices in Washington and Brussels. He believes they should strengthen pro-business parties and help speed the arrival of universal suffrage.

By Ma Ngok

The long-term split between pro-democracy groups and a (nearly) appointed government delays fundamental and crucial reforms, according to Ma Ngok, associate professor of government and public administration at the Chinese University of Hong Kong. He contends there is an urgent need for political changes that would give the government more legitimacy and allow it to make some basic policy decisions.

 

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