March 2, 2023
Hong Kong - Is the Shine Coming Off The Pearl Of The Orient?
It's masks off in Hong Kong, but with a more authoritarian China will the city ever return to its former glory?
Hong Kong is re-emerging from almost two years of COVID isolation, but can it resume its place an Asia’s leading financial hub? Or has Beijing’s imposition of strict security laws made it little different from China’s other economic dynamos like Shanghai or Shenzhen? It’s taken a massive hit over the last year- GDP down by 3.5% - and suffered a brain-drain as some of its brightest and best have left for freer environments in the UK or Taiwan. Dr Yan-ho Lai of the Dickson Poon School of Law at King’s College London and a co-conveyor of the Hong Kong Studies Association gives Phil and Roger his view of the prospects of his home city 25 years after it was handed back to China.
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