Hong Kong braces for protests as China rules out full democracy

BEIJING/HONG KONG (Reuters) - Pro-democracy activists vowed on Sunday to bring Hong Kong's financial hub to a standstill after China's parliament rejected their demands for the right to freely choose the former British colony's next leader in 2017.

The Standing Committee of the National People's Congress (NPC) endorsed a framework to let only two or three candidates run in the 2017 leadership vote. All candidates must first obtain majority backing from a nominating committee likely to be stacked with Beijing loyalists.

The relatively tough decision by the NPC - China's final arbiter on the city's democratic affairs - makes it almost impossible for opposition democrats to get on the ballot.

"This is a legal, fair and reasonable decision. It is a dignified, prudent decision, and its legal effect is beyond doubt," Li Fei, deputy secretary general of the NPC standing committee, told reporters after the decision