ft, real estate prices are higher than anywhere in the United States; the city will soon be home to the world’s fourth-largest skyscraper. A local free-trade zone now offers Hong Kong legal adjudication for companies fearful of more capricious mainland courts and regulators. Ambitious risk-takers from around the country flock to the city to make their fortunes, unencumbered by history. City officials actively promote more open financial markets, so that entrepreneurs have an easier time tapping funding. Thriving venture capital and private equity firms now fill the city, which helps foster risk-taking.

Source: Mint June 13, 2016 18:45 UTC