Conservatism in Hong Kong the way to maintain the "status quo" of Hong Kong. They initially supported the British Conservative Prime Minister Margaret Thatcher's efforts in insisting the validity of the Treaty of Nanking of 1842. However, Deng Xiaoping, the Chinese paramount leader insisted in restoring sovereignty in Hong Kong in 1997, but guaranteed the "capitalist system and way of life shall remain unchanged for 50 years," which was later written in the Article 5 of the Hong Kong Basic Law. Besides its "Old Left" Beijing loyalists in the colony which were represented by the Hong Kong Federation of Trade Unions (HKFTU), the Communist
Postage stamps and postal history of Hong Kong only British soldiers in Hong Kong could use British stamps while other local residents did not have any. Hong Kong has issued a variety of stamps since 1862. Hong Kong formerly produced postage stamps with the name "Hong Kong", with the face of the reigning monarchs of the United Kingdom, or with the royal symbols (e.g. "E.R."). After the Hong Kong's transfer of sovereignty to China, all further issues bore the name "Hong Kong, China"; British Hong Kong postage stamps were no longer valid for the prepayment of postage, nor did the Post Office offer to repurchase them. publication) Postage