He is representative of the fact that Hong Kong will be run by Hong Kong's people. We will keep everything except defense and foreign affairs, and we will issue our own passports. It is against human nature. In China today, it's raw capitalism. You go to China today, and you breathe money.
China is more market-oriented than Western Europe, that's for sure.
It may come as a shock to a Westerner, but that's the truth. I can assure you China is much more capitalistic than the Europe that I know, and I go to Europe 12-15 times a year. Europe doesn't try to do that. French and Swedish companies are also doing fine. Now that the changeover has been completed, the world waits to see what will happen in this thriving area that has become synonymous with capitalism and wealth.