On 1st July 1997, China realised its long-standing ambition of gaining sovereignty over Hong Kong. Now the Communist Chinese leadership are dealing with their most public challenge: the enormous task of taking on a society which they both covet and fear, in the aftermath of the financial turmoil which overtook Asia in the fall of 1997.
Hong Kong: China's New Colony tells the inside story of how the former British colony came under Chinese rule and how supposedly Communist China is coming to terms with presiding over what has been one of the world's most vibrant capitalist societies. It shows where real power lies in the new Hong Kong and describes in detail the wheeling and dealing which accompanied the establishment of the new order.