Hong Kong stocks plunge after Beijing makes incendiary power grab

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IN 2003, 500,000 Hong Kongers marched in protests against the government's handling of the SARS crisis and the introduction of a controversial national security law.

The protests have been cited as a major deciding factor in the resignation of Chief Executive CH Tung two years later and the proposals were shelved, though the bill passed in Macau, which is more. Opponents of the bill were concerned over the fact it could give authorities warrantless search and entry power to ward off subversion.

 

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