Word: directs
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...When a joint committee of experts from Hong Kong and China wrote the document in the late 1980s, the clauses on democratic evolution were among the thorniest. The best the negotiators could produce were the vague formulations reproduced above. The Basic Law clearly offered Hong Kong the promise of direct elections. But it left the important questions?when and how?to years that seemed very distant back...
...violence is causing many foreign investors, who have eagerly eyed the country's oil and natural gas reserves, to rethink their Bangladesh strategy. Foreign direct investment in Bangladesh fell from $280 million in 2000 to $45 million in 2002, according to the United Nations Conference on Trade and Development. "Corruption and poor governance are causing negative growth in American investment in this country," says AmCham's Aftab...
...What's the issue? A very basic one: whether Hong Kong people will be allowed to directly elect their Chief Executive and all of their legislators. The Basic Law promises direct elections as an "ultimate aim." Currently, the Chief Executive is chosen by an 800-member electoral college that is overwhelmingly pro-Beijing, and 60% of the Legislative Council, or Legco, the territory's law-making body, is appointed or elected from business and social groups that strongly favor the status quo. The Basic Law says that setup can be changed "if there is a need...
...those dates are just around the corner. Yes. If Hong Kong is to directly elect its top official in 2007 and all of Legco in 2008, the process of altering election laws has to begin soon. More importantly, public pressure is intensifying. Last July, half a million people took to Hong Kong's streets to protest security legislation proposed by the government of Chief Executive Tung Chee-hwa. That bill has since been shelved indefinitely. But almost overnight the movement rallied to a new demand: direct elections. And now Beijing wants to rule on that issue. Its concern is that...
...what will Beijing say about direct elections? Hong Kong got an early telegraphing from its own government, which last week announced its conclusions from a three-month study of the issue. The good news for democracy advocates was that the government agrees that the Basic Law allows direct elections as early as 2007, which was uncertain from the way the document is worded...