A U.S. decision that Hong Kong’s autonomy has been curtailed raises questions about how Washington will treat the city in the future, and about its standing as a global financial hub. Here’s what’s at stake for China. When Hong Kong was transferred to Chinese control in 1997, its economy was more than one-seventh the size of the mainland’s. But rapid growth on the mainland since then has shrunk Hong Kong’s relative economic importance.

Source: Wall Street Journal May 28, 2020 11:48 UTC