Hong Kong high speed rail to mainland China ready to go

Hong Kong high speed rail to mainland China ready to go

"If the Fed hikes rates in September, then the differential between Hong Kong and the USA rates will go wider, which will lead to increased capital outflows and cause weakening pressure on the Hong Kong dollar", said MK Tang, senior China economist at Goldman Sachs. Passengers are expected to be able to access mobile communications while traveling, thanks to base stations deployed by 3 Hong Kong at West Kowloon terminus and along the rail link.

The Hong Kong section, which began construction in 2010, will offer direct services from Hong Kong to 44 mainland cities starting Sunday, ushering Hong Kong into the era of high-speed railways, Zhang noted.

Hong Kong officials dismissed concerns that Hong Kong's identity was being swamped.

The central authorities have issued a series of policies to support the development of Hong Kong and Macao and integrate their own development into the overall development of the country, Zhang said.

The station's rooftop has also been designed with a pedestrian skywalk to provide visitors with a panoramic view of Victoria Harbour and Hong Kong's skyline.

A big chunk of the cavernous West Kowloon Terminus next door to Hong Kong's bustling Tsim Sha Tsui shopping precinct has already been leased - or ceded, as the city's opposition parties labeled it - as a "Mainland Port Area" where all Chinese laws will apply.

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"Hong Kong will be completely submerged into the Greater Bay, and we don't know what it's going to be like", said the 80-year-old Lee, who helped found the city's Democratic Party. Many of these are spelled out in the Basic Law, including Article 18, which says no Chinese laws, with few exceptions, will apply on Hong Kong soil.

"I hope all will be able to experience its convenience, including those who are anxious about the opening of the high-speed railway and the implementation of the co-location arrangement", he said.

But legal experts like Philip Dykes, chairman of the Hong Kong Bar Association, said the agreement differs in small but crucial ways from other countries, beginning with the full powers given to Chinese immigration agents, which could have a serious impact on residents.

"So Hong Kong residents, in fact anybody who may use the new facility, may cross a line marked in the station which marks the end of Hong Kong jurisdiction, pass over into mainland controlled area and if he or she falls foul of those authorities they may be detained and then taken away into the mainland".

When Lu went to negotiate the rail connection in 1978, many people thought it was unimaginable to have a through train between the socialist Chinese mainland and capitalist Hong Kong.

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