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Hong Kong And Macau

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Chapter Summary

The restorations of Hong Kong by the United Kingdom of Great Britain and Northern Ireland in 1997 and of Macau by the Portuguese Republic in 1999 to the People's Republic of China (the PRC) were the least disruptive contemporary successions. In both transfers, international commercial obligations and arrangements were only affected minimally and investor confidence was preserved. Few, if any, inequitable outcomes were inflicted on direct and indirect participants. The goals of the United Kingdom dovetailed nicely into PRC's policy on Hong Kong. The PRC sought to regain what it regarded as its sovereign territory. The transfer of Hong Kong to the PRC develops PRC's "Greater China" concept of supporting the socialist government of the PRC with a robust market economy. The successions of Hong Kong and Macau measure favorably against the policies relating to state succession and commercial obligations.

Keywords: Hong Kong; Macau; People's Republic of China (PRC); sovereign territory; United Kingdom



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