If China cracks down on Hong Kong, it will only hurt itself

Beijing needs to maintain HK's prowess as a stable financial center

The negotiations over Hong Kong's future after 1997, the year the British were supposed to transfer its sovereignty to China, took place in the 1980s. At first, the overall atmosphere in Hong Kong about the handover was not worried -- but the mood of the colony changed drastically after June 4, 1989 in the wake of the Tiananmen Massacre.

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