A pedestrian crosses a road in Hong Kong. Hong Kong’s economy is unapologetically capitalist, while the mainland is a socialist state. The assumption that the mainland will eventually become capitalist and converge with our economy is too simplistic. Photo: AFP

Hong Kong must accept the limits imposed by ‘one country, two systems’

Sonny Lo says an understanding of the contradiction inherent in the policy will lead Hong Kong to work to its strengths. For one, it should devote efforts to boosting the autonomy of its institutions

Topic |   Hong Kong Basic Law

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A pedestrian crosses a road in Hong Kong. Hong Kong’s economy is unapologetically capitalist, while the mainland is a socialist state. The assumption that the mainland will eventually become capitalist and converge with our economy is too simplistic. Photo: AFP
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