61. Hong Kong reverts to Chinese sovereignty in July. 62. Hong Kong is to manage its own finances under Chinese sovereignty, and the central bank will play a critical role in guarding that autonomy. 63. Immigration from mainland China has been the most difficult issue to confront Hong Kong since it reverted from British to Chinese sovereignty three years ago. 64. Immigration from mainland China is the most delicate issue to confront the island of Hong Kong since it reverted from British to Chinese sovereignty three years ago. 65. In its second day of Chinese sovereignty, Hong Kong was underscoring in ways large and small that a new era has begun. 66. In the five days until the switch to Chinese sovereignty, the pace of preparations quickened, from security sweeps to sound checks. 67. It expected to return Saturday to Hong Kong, which reverts to Chinese sovereignty next July. 68. It said Chinese sovereignty over the shoal, Huangyan Dao, had long been recognized internationally, including by Manila. 69. It said the Philippine action violated Chinese sovereignty over the shoal, which it calls Huangyan Dao, and warned that a repeat could strain bilateral relations. 70. It was apparently an attempt to avoid angering India, which recognizes Chinese sovereignty over Tibet but has given the Dalai Lama political asylum for decades. |
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