Hong Kong's corporate elite - once a mix of international constituents strictly aligned with the West - has slowly shifted its allegiance towards Beijing. Photo: Reuters

Global capitalist system, not China, explains Hong Kong's rough political times

Laura Dodge says China's selective adoption of market-driven capitalism is changing Hong Kong's traditional power structures, but this is only a reflection of global business trends

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Hong Kong's corporate elite - once a mix of international constituents strictly aligned with the West - has slowly shifted its allegiance towards Beijing. Photo: Reuters
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