INDEPENDENCE DAY SHOCKER: Communist Chinese Better Custodians of Economy Than Democrat Party

Tuesday, July 4, 2017
By Paul Martin

by Joe Hoft
TheGatewayPundit.com
Jul 4th, 2017

Twenty years after Communist China took control of Hong Kong the city continues to incur record surpluses year after year.

Meanwhile, in the same period, major US Cities led by Democrats face bankruptcies, murder rates that rival war zones and massive illegal alien population growth.

Chinese Communists Allowed Hong Kong to Prosper

This Saturday, July 1st, will mark the 20th anniversary of the British handover of Hong Kong in 1997 to Communist China. The peaceful handover occurred after 150 years of British rule over the colony. China first ceded Hong Kong to the British after the First Opium War in 1842. Then in 1898 China leased the New Territories together with 235 islands (collectively referred to as Hong Kong) to the British for 99 years starting on July 1st.

As the 99 year lease expiration approached in 1997 the British decided not to renew their lease and handed Hong Kong back over to China. The British worked to influence the post handover government and China eventually agreed to the “one country, two systems” approach to Hong Kong after the hand over. The Communist Chinese recognized the crown jewel it had in Hong Kong and allowed the metropolis to continue with its economic and social systems present at the time. The Chinese Communists fell far short for providing for universal suffrage but they did decide for the most part to leave the economy and social policies alone.

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