The communist press published reports that the project was a bad plan to bleed at ease in Hong Kong before the handover and let the territory take on serious debt. [135] After three years of negotiations, Britain and the PRC finally agreed on the construction of the new airport and signed a Memorandum of Understanding. [136] To remove the hills and reclaim the land, it took only a few years to build the new airport. Hong Kong`s autonomy was guaranteed by the “one country, two systems” agreement, enshrined in the 1984 Sino-British Joint Declaration signed by then-Chinese Prime Minister Zhao Ziyang and British Prime Minister Margaret Thatcher. The list includes Hong Kong government officials, members of the legislative and executive councils, presidents of Hong Kong and Shanghai Banking Corporation and Standard Chartered Bank, prominent businessmen such as Li Ka-shing, Pao Yue-kong and Fok Ying-tung, Martin Lee Chu-ming and Szeto Wah. Some political analysts felt that an agreement was urgently needed, as there were fears that Hong Kong`s economy would collapse untreated in the 1980s. Concerns about land ownership in the new leased territories also contributed to the problem. Although discussions on Hong Kong`s future began in the late 1970s, the final date of the joint declaration was influenced by factual and economic factors rather than geopolitical imperatives. [9] The signing of the joint declaration caused controversy in Britain because British Prime Minister Margaret Thatcher agreed with the Chinese Communist government, represented by Deng Xiaoping. [9] In the White Paper containing the Joint Statement, Her Majesty`s Government stated that “the alternative to the adoption of this agreement is not to reach an agreement”, a statement that refuted criticism that the Declaration had made too many concessions to China and highlighted China`s considerable influence during the negotiations.

[9] But the UK says the agreement – known as a joint declaration – is under threat because the region has passed a new law that gives China new extensive controls over the population of Hong Kong. This group was a connection organ, not a power organ, where each party could send up to 20 support coworkers.

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