Hong Kong

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Essay, Jan/Feb 2012
Sebastian Mallaby and Olin Wethington

China seems to want the yuan to dethrone the dollar as the global reserve currency. But don’t expect China’s currency to take over anytime soon. The yuan will rise, but far slower than predicted, and Beijing’s puzzling efforts to help it along reveal flaws in the government’s divided and incremental approach.

Raul Pedrozo

China's policy of aggression and coercion in the seas of the western Pacific long predates the high-profile incidents of recent weeks. If Washington hopes to counter Beijing's creeping power in the region, it will have to be firm and proactive in demonstrating its resolve.

Review Essay, Nov/Dec 1998
Lucian W. Pye

Christopher Patten's new book goes beyond Hong Kong to offer a sensible middle ground in the debate over the link between culture and Asia's rise -- and fall.

Essay, May/Jun 1997
Frank Ching

Long before Hong Kong's scheduled July 1 reversion to China, the American media decided that the place was in grave danger, if not beyond salvation. The American doomsayers overlook that Hong Kong's borders, currency, and international memberships will remain intact. And although some civil liberties may be rolled back, an objective examination of China's behavior during the transition suggests that changes will be narrow rather than sweeping. Claims that post-1997 Hong Kong will cease to be the crossroads between East and West are alarmist.

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