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by marme
3285 days ago
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Thatcher was too soft. The UK gave up HK for nothing. They could have milked china for billions by making the terms a sale rather than just returning the land to them. The UK had to give up the new territories in 97 but could have kept kowloon and hong kong island which would have forced china to setup border checks/customs in the middle of the city which would have been impossible without tearing down hundreds of buildings. Without borders goods would have freely flooded through kowloon into the mainland and vastly disrupted the economy just look at the fact that today thousands of tons of goods are hand carried across the HK border to avoid paying tariffs. Thatcher showed her hand early and made it clear she carried more about stable trade for the UK in HK. Once she let the chinese know that is what she wanted they knew they could ask for anything because if the deal failed the economy in HK would collapse. |
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Or if we are to play realpolitik without a notion of human decency: by Thatcher's time the Chinese had every local military advantage. The Brits were forced to concede a losing position and should count themselves lucky that the negotiations resolved peacefully.
The hubris of the Western colonial view never ceases to amaze.