Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the One Country, Two Systems policy, practiced in Hong Kong?

April 26, 2017Asia China hong kong policy practiced

0

Posted

What is the One Country, Two Systems policy, practiced in Hong Kong?

1 Answer

0

Posted

“One country, two systems” is an idea originally proposed by Deng Xiaoping for the unification of China. In 1984, Deng Xiaoping proposed to apply the principle to Hong Kong in the negotiation talks with Prime Minister of the United Kingdom Margaret Thatcher. The principle is that while Mainland China practices socialism, Hong Kong and Macau, which were formerly colonies of United Kingdom and Portugal respectively, can continue to practice capitalism under a high degree of autonomy for fifty years after their reunification with Mainland China.