December 19 1984 Hong Kong Return Agreement Signed
December 19th 2011 00:01
On December 19th 1984, in the Hall of the People in Beijing, British Prime Minister Margaret Thatcher and Chinese Premier Zhao Ziyang signed an accord committing Britain to give Hong Kong back to China in 1997. In return, China incorporated terms pledging a 50 year continuation of Britain’s capitalist system. Hong Kong, a small peninsula and group of islands extending out from China’s Kwangtung province, was leased by China to Great Britain in 1898 for 99 years.
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