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The Joint Declaration assures The essential regulation for fifty decades after the transfer of sovereignty.[seventy six] It does not specify how Hong Kong are going to be governed following 2047, plus the central federal government's part in pinpointing the territory's long run method of presidency is the topic of political discussion and speculation.
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The Hong Kong Jockey Club, the territory's biggest taxpayer,[299] incorporates a monopoly on gambling and offers around 7 for each cent of presidency earnings.[300] Three types of gambling are legal in Hong Kong: prediksi real madrid vs barcelona lotteries and betting on horse racing and soccer.[299] schooling
Chinese nationwide law would not normally utilize in the area and Hong Kong is addressed as a different jurisdiction.[a hundred] Its judicial technique is based on common law, continuing the lawful custom founded for the duration of British rule.[111] neighborhood courts may possibly seek advice from precedents established in English regulation and overseas jurisprudence.[112] even so, mainland felony treatment law applies to instances investigated from the Place of work for Safeguarding nationwide protection on the CPG prediksi real madrid vs barcelona during the HKSAR.
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straight away following the transfer, Hong Kong was seriously afflicted by quite a few crises. The federal government was forced to use sizeable international Trade reserves to maintain the Hong Kong greenback's forex peg through the 1997 Asian financial disaster,[70] plus the recovery from this was muted by an H5N1 avian-flu outbreak[80] and also a housing surplus.
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