Hong Kong commuters travel on a tram with a design commemorating the 20th anniversary of its return to Chinese sovereignty. The obsession with safeguarding the city’s pre-1997 lifestyle and separate systems has blinded Hong Kong’s leaders to the profound and systemic technological change taking place in the rest of the world. Photo: AFP

Why Hong Kong is a city in decline

Regina Ip says the city’s past success has made us blind to how much – and how fast – others are improving, not least the mainland and its embrace of technology and the new economy. Hong Kong has fallen behind simply by standing still

Topic |   Hong Kong economy

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Hong Kong commuters travel on a tram with a design commemorating the 20th anniversary of its return to Chinese sovereignty. The obsession with safeguarding the city’s pre-1997 lifestyle and separate systems has blinded Hong Kong’s leaders to the profound and systemic technological change taking place in the rest of the world. Photo: AFP
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