Hong Kong has endured much in the past two years, so it is not surprising that commentaries are being written about the impending death of Hong Kong. The principal reason why doubts have arisen about Hong Kong’s future is the political makeover it is undergoing. After all, if Hong Kong were no longer distinctive but come to resemble just another Hong Kong city, much of this lucrative activity might just move to Shanghai. Nevertheless, Hong Kong retains formidable advantagesThese challenges are real but we would argue that Hong Kong still has much going for it. Conclusion: Don’t rush to write Hong Kong’s epitaphIn essence, the changes will pose difficulties for Hong Kong but also provide it with new opportunities.

Source: The Edge Markets October 24, 2021 06:24 UTC