China is nominally a communist state, but it calls its system “socialism with Chinese characteristics.” The fact is that China’s economy is more of a free-market economy than many capitalist countries, which is in line with China’s system, where nothing is what it seems. The “democratic system” being implemented in Hong Kong and Macau, with candidates picked by Zhongnanhai for endorsement by the public in elections is another unique system with Chinese characteristics.
When Hong Kong and Macau were returned to China from the UK and Portugal respectively, China promised to implement a “one country, two systems” policy, and late Chinese leader Deng Xiaoping (鄧小平) famously promised Hong Kongers that its horse racing, dancing and stock markets would continue unchanged for 50 years, but less than 20 years after the handover, Hong Kong is a shadow of its former self.




