HONG KONG • It seems like a no-brainer for the Hong Kong government to place its bets on Beijing's ambitious plan to turn cities in southern China into a world-class cluster of economic activity and innovation as the city moves to diversify its economy - one that is open and easily susceptible to external headwinds.. Read more at straitstimes.com.
HONG KONG • It seems like a no-brainer for the Hong Kong government to place its bets on Beijing's ambitious plan to turn cities in southern China into a world-class cluster of economic activity and innovation as the city moves to diversify its economy - one that is open and easily susceptible to external headwinds.
Despite protests from critics who dismiss the Greater Bay Area plan as a way to turn Hong Kong into just another Chinese city through integration with the mainland, the territory's gamble on the initiative, led by Chinese President Xi Jinping, may eventually pay off not just economically but also politically when it takes off, some observers believe.
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