China's leaders seem to realize their two-faced dilemma, and Hong Kong’s No. 2 official, Carrie Lam, is supposed to lead negotiations over these details. What might a compromise look like, asks Steven Hill.

When Hong Kong reverted to China in 1997, western pundits predicted doom and gloom for the future of Hong Kong and they couldn’t be more off target. The same gaggle of pundits and analysts are now attempting to make sense of Occupy Central movement taking place in Hong Kong and as usual their interpretations are suspect.