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Doomsayers wrong but Tung team still has its work cut out

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Five years ago, when Britain handed Hong Kong and its people over to China, the Western media was full of predictions about the end of political freedom.

Images were conjured up of the People's Liberation Army arresting pro-democracy activists and shutting down newspapers.

Such things have not happened.

Hong Kong has suffered not from a political crackdown but rather from a severe economic downturn.

Decades of growth suddenly ended and the inhabitants of the colony-turned-special administrative region have learned at first hand such concepts as recession, deflation, negative equity and joblessness.

The concept of 'one country, two systems' has generally worked, and this is acknowledged by those who monitor Hong Kong events, including the United States and Britain. That is not to say there has been no interference by Beijing: there has, though much less than there could have been.

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