Hong Kong Marks Handover
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

HONG KONG (AP) – Hong Kong’s red flag was raised into a cloudy blue sky Sunday as the former British colony marked the 10th anniversary of its hand-over to China and bid farewell to a rocky decade of financial woes, disease outbreaks and economic recovery. The next 10 years could be just as challenging for the bustling city on southern China’s coast. Hong Kong will likely grapple with democratic reform and face growing competition from other Asian cities threatening its position as a global business capital.