There has been a huge uproar in recent years about the major differences of rule of law between Hong Kong and Mainland China. The fact that Hong Kong used to be an important colonial port of British Empire for quite a long time has certainly left its mark. Obviously, the laws and accordingly concept of rule of law in both of these countries have a long history and tradition. The problem for Hong Kong is the major differences with which British and Chinese societies were moving forward over the centuries. For both of those countries, the laws were established according to the society requirements. They were the result of a class war and were therefore in the interests of absolute majority of the people. Hong Kong, on the other hand was just
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Marxist understanding of the law is also transcribed in China. While, most of the western ‘democracies’ state the law being the ultimate power source in the country, for China the Communist party is the ultimate source of power. The Chinese authorities are the legal power that is ultimately trusted and allowed to make decisions against the law or not included in the law. The law is just a tool in their hand.
1990s was the period when the current system was established. It was also a period when Chinese people had their legal education levels highly increased, which meant several times more cases in the courts. In order to make sure everybody could find justice mediation and arbitration commissions to courts have been created. Furthermore, there are local mediation committees that solve hundreds of thousands of problems each …show more content…
The idea stems from the fact that foreign companies are able to enter Hong Kong market, which makes investment more likely in the region. It also gives local businesses a chance to have access to most improved and efficient technologies in the world. However, as we have seen from the incredibly rise of Chinese GDP and PPP, this point can easily be dismissed. What Hong Kong truly benefits from, is the brain influx from various Asian as well as European and American countries. This gives it the edge over the competitors and we have seen how scared European and US authorities are of prosecuting the financial sector CEOs despite their multiple crimes in the fear that Hong Kong with its great location could become the center for the international banking industry.
Despite all of this, Hong Kong has had its quality of life index declined (See Chart 1) over the recent years. This can easily be attributed to the 2008 Western world financial crisis, but as the recent Hong Kong protests proved it might be about people’s confidence in the system too. This idea has been further reinforced by several
Marxist understanding of the law is also transcribed in China. While, most of the western ‘democracies’ state the law being the ultimate power source in the country, for China the Communist party is the ultimate source of power. The Chinese authorities are the legal power that is ultimately trusted and allowed to make decisions against the law or not included in the law. The law is just a tool in their hand.
1990s was the period when the current system was established. It was also a period when Chinese people had their legal education levels highly increased, which meant several times more cases in the courts. In order to make sure everybody could find justice mediation and arbitration commissions to courts have been created. Furthermore, there are local mediation committees that solve hundreds of thousands of problems each …show more content…
The idea stems from the fact that foreign companies are able to enter Hong Kong market, which makes investment more likely in the region. It also gives local businesses a chance to have access to most improved and efficient technologies in the world. However, as we have seen from the incredibly rise of Chinese GDP and PPP, this point can easily be dismissed. What Hong Kong truly benefits from, is the brain influx from various Asian as well as European and American countries. This gives it the edge over the competitors and we have seen how scared European and US authorities are of prosecuting the financial sector CEOs despite their multiple crimes in the fear that Hong Kong with its great location could become the center for the international banking industry.
Despite all of this, Hong Kong has had its quality of life index declined (See Chart 1) over the recent years. This can easily be attributed to the 2008 Western world financial crisis, but as the recent Hong Kong protests proved it might be about people’s confidence in the system too. This idea has been further reinforced by several