The Joint Declaration ensures The fundamental Law for fifty decades once the transfer of sovereignty.[seventy five] It does not specify how Hong Kong will probably be ruled soon after 2047, along with the central govt's role in analyzing the territory's foreseeable future technique of presidency is the subject of political debate and speculation.
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Hong Kong is governed by a hybrid regime that's not totally consultant in the inhabitants. Legislative Council associates elected by practical constituencies composed of Specialist and special fascination groups are accountable to Those people slender corporate electorates instead of the general public. This electoral arrangement has certain a professional-establishment majority within the legislature For the reason that transfer of sovereignty. equally, the Chief govt is selected by establishment politicians and company members with the Election Committee rather than specifically elected.
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following the Qing conquest, maritime trade was banned underneath the Haijin policies. The Kangxi Emperor lifted the prohibition, allowing for foreigners to enter Chinese ports in 1684.[fifty five] Qing authorities founded the Canton process in 1757 to regulate trade much more strictly, limiting non-Russian ships into the port of Canton.[56] Although European need for Chinese commodities like tea, silk, and porcelain was significant, Chinese fascination in European produced items was insignificant, so that Chinese products could only be bought with treasured metals.