Talks began in 1982 between Margaret Thatcher and Deng Xiaoping that would determine the future fate of Hong Kong. Prime Minister Thatcher flew to Peking (Beijing the capital of the People’s Republic of China) in September 1982 in hopes of retaining Hong Kong as British, but she failed in her attempt. Two years later in 1984 the signing between China and Britain of a “Joint Declaration” permitted that China would take back Hong Kong in 1997. Thatcher insisted on the inclusion of certain contingencies, being that during the 50 years following China’s take back of sovereignty, Hong Kong must remain a special administrative region; meaning Hong Kong SAR would be…