Leung Chun-ying became Hong Kong's next chief executive. He pledged to address Hong-Kong's wealth gap and demands for universal suffrage. It was interesting that in Hong-Kong, at least for this election, only one in 5,900 people could have voted. The city's 7.1 million people couldn't vote. This selective vote led Leung 17 perventage points ahead of his main rival, Henry Tang.
The article says that Leung is supported by Chinese government. China's leaders want a prosperous Hong-Kong because the city have a fully convertible currency, that is used as a way to internationalize the yuan.
However, many protesters claims that Leung is part of the communist party and he will be a voice for the party and not for the Hong Kong people.
Leung advocates closer ties with mainland China to boost growth and promised to build more public housing, increase land supply and provide residents with tax-breaks to help them buy homes.
As Hong Kong is one of the best countries to do business, closer tie with mainland China in the future will be interesting to see..
http://www.bloomberg.com/news/2012-03-25/leung-projected-to-defeat-tang-in-hong-kong-chief-executive-race.html
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