Crisis and Transformation in China's Hong Kong SYNOPSIS
Political scientists, social scientists, journalist, business people, law scholars, and others in Hong Kong evaluate the Special Administration Region since what Chan calls the retrogression from British colonial rule to Chinese sovereignty in July 1997. They find ballooning budget deficits, an unprecedented rise in unemployment, a continuing deflationary spiral, a seriously depressed property market, and near negative growth, all of which makes the city's economic miracle since the end of World War II seem a distant memory. Annotation c. Book News, Inc., Portland, OR
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Political scientists, social scientists, journalist, business people, law scholars, and others in Hong Kong evaluate the Special Administration Region since what Chan calls the retrogression from British colonial rule to Chinese sovereignty in July 1997. They find ballooning budget deficits, an unprecedented rise in unemployment, a continuing deflationary spiral, a seriously depressed property market, and near negative growth, all of which makes the city's economic miracle since the end of World War II seem a distant memory. Annotation c. Book News, Inc., Portland, OR (booknews.com)