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Economy

China struggles with Hong Kong dilemma

For Beijing, 'one country' is more important than 'two systems'

| China
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Hong Kong has prospered over the past 20 years, but political and social tensions are brewing.   © Reuters

When China commemorates the 20th anniversary of the return of the former British colony to Chinese rule on July 1, Beijing will undoubtedly declare that, contrary to dire predictions, Hong Kong has thrived, and that the "one country, two systems" model designed by Deng Xiaoping, China's late paramount leader, has been a resounding success.

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