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Its retention beyond the handover with Beijing's blessing underpinned confidence in Hong Kong's continued role as an international business hub.
CNN: The Cost of a Pegged Dollar
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When Tung, with Beijing's blessing, ran for Hong Kong chief executive in 1996, it was no surprise that Li backed him.
CNN: Master of Guanxi
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This political disaster turned out to be a blessing in disguise for Mr Patten, who was rewarded for his election efforts with the governorship of Hong Kong.
BBC: Profile: Lord Patten