China’s hard line on Hong Kong only undermines confidence in the city. So why do it?
Michael C. Davis says the repeated dismissals of the relevance of the Sino-British Joint Declaration are unsettling, particularly as there is no question the document is a treaty under international law, and binding on its signatories

Is Hong Kong under the “one country, two systems” model a sand castle that can simply be washed away when China gets fed up with it?
While the answer may be “yes” as a matter of sheer power, it is clearly “no” both as a legal matter and as a common-sense political commitment.
There is no question, given Hong Kong’s location, that Beijing could pretty much do as it pleases in Hong Kong. One doubts anything more than diplomatic protests would stand in the way of a repressive Beijing move to seize absolute direct and unfettered control. Of course, the economic and political fallout of such a move is unfathomable.