A losing battle? Hong Kong’s frustrating fight for democracy

A turning point for Hong KongThe major reason US investors should pay attention to Hong Kong is that its performance relative to the Shanghai Composite will in large part define the future course of the stock market in China.

But the electoral package was voted down by pro-democracy lawmakers, who were unhappy with the restrictions, leaving the territory with its existing system where the leader is chosen by a pro-Beijing election committee.

“China should keep its promises”. Hong Kong could enjoy rights that came from the maintenance of its core values of judicial independence and separation of powers, as well as the implementation of universal suffrage after the handover in 1997, working finally toward the ultimate aim of democratic self-governance. That deal stated that Hong Kong would be returned to China under the condition its residents retained their way of life for 50 years and moved towards universal suffrage.

“Now we are thinking about 15 years down the line”, he added.

Falling rents in Hong Kong’s prime shopping districts are attracting a new wave of Chinese luxury brands to the city, even as mall space on the mainland continues to grow.

In a recent commentary published by Time magazine, Wong called on the worldwide community to arrive at a consensus “that Hong Kongers shall have the right to determine their city’s future”.

Though the pro-democracy movement failed to achieve its goals, political activism was ignited in the city. As an open market, Hong Kong welcomes newcomers, and that helps develop the industry, Chow Tai Fook spokeswoman Joanne Wong said in an e-mailed statement.

Hiring employees from Hong Kong, Macau and Taiwan.

Yet, the protests previous year soon proved a failure in even obtaining a single concession from the CCP.

He said mainland standards should be unified with export standards.

To the contrary, on August. 31, 2014, China’s National People’s Congress set forth its decision that only political figures who love both the country and the party could be candidates for position of chief executive of Hong Kong; in the same year, it presented a white paper underscoring President Xi Jinping’s theory of a collaboration between the legislature, executive and judiciary, threatening Hong Kong’s spirit of high autonomy and separation of powers. Au said the three-month sweep, which ended last week, was “successful”.

These were caused by the political agitation in Hong Kong the MERS scare in South Korea.

Student leader Joshua Wong, 18, says the emotionally charged rallies were “a miracle”.

“What turned out was completely different to the original plan, which was just to have 10,000 people in a more passive way that will sit in the street, waiting to be arrested by the police”, he says. “We have sustained communications and cooperation with students’ unions that left the federation with a focus on promoting academic freedom, including coordinating with Hong Kong University Students’ Union in protest of Government meddling with the university’s senior appointment”.

Public anger soared in the wake of the clashes, which brought hundreds of thousands of people onto the city’s streets at its height, many of them calling for fully democratic elections.

“Hong Kong isn’t ours, the government isn’t ours”, Mr Yeung said. She welcomed Canadian companies and investors to approach the HKETO or InvestHK for advice and assistance for starting up or expansion in Hong Kong.

Many Hong Kong people believe Beijing is going back on the deal struck by Deng Xiaoping and Margaret Thatcher over a Chinese banquet in Beijing in 1984.

Hong Kong activists have also slammed a lack of progress over video footage filmed live at protests last November by local journalists that showed Civic Party member Ken Tsang being beaten and kicked by a group of police officers in a dark area while they were clearing a main road of protesters in a violent crackdown.