Earlier quoted context omitted.
> Well they tried. Shortly after the Chinese revolution, HK was receiving an influx of refugees from China. Mostly well educated and skilled people. Britain was moving to bring in democratic reforms in the 1950s. China threatened to invade to "liberate" the territory if such reforms continued. They didn't try but abandoned any efforts due to self interest of profits and economic extraction from a colony. The article…
The consequence of continuing would have been far worse than abandoning. The fact remains that they were moving to put in place democratic reforms. Prior to the Chinese revolution HK was an economic backwater - most of its population being related to the transhipment port and military presence. Kowloon and New Territories were only added as buffer zone for the port. Growth was nearly all post Chinese revolution. In t…
The consequences of continuing will be worse for Britain as they will not be able to milk revenue or profits from Hong Kong. By extending it until 1997 they were able to milk Hong Kong, until the very day when it was about to become a liability and lead to economic expense.
All the wealth of Hong Kong in those days from 1980's to 1997 was due to growth of China.
Hong Kong has never paid any revenue or money to China, but on the contrary Britain extracted money from Hong Kong since they set foot and continued it for 150 years. On top of it in 1997 moved all the profits to London when they left.
These all facts are part of Hong Kong history.
Probably Britain should pay reparations to Hong Kong. [1]