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Since July, 1997, Hong Kong has been part of China under a special "One Country, Two Systems" arrangement. It is free to pursue its capitalist lifestyle and its own political, economic and social systems. It only submits to Chinese authority in foreign and defense affairs. In this photo, both the Hong Kong and Chinese Flags fly from Hong Kong's City Hall, against a backdrop of I.M. Pei's Bank of China skyscraper.
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