The city of Shenzhen is seen across Deep Bay in Lau Fau Shan, Hong Kong. Hong Kong started as a free port for Chinese trade, but today it is an offshore renminbi hub. This evolution reflects its traditional “connector” role giving way to that of a “financier”. Photo: EPA

As ‘financier’ to Greater China, Hong Kong has an unbeatable edge

Victor Zheng and Roger Luk say the rise of China and the emerging economies will make Hong Kong’s role as a ‘connector’ irrelevant, and it’s time for the city to redefine its niche

Topic |   China economy

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The city of Shenzhen is seen across Deep Bay in Lau Fau Shan, Hong Kong. Hong Kong started as a free port for Chinese trade, but today it is an offshore renminbi hub. This evolution reflects its traditional “connector” role giving way to that of a “financier”. Photo: EPA
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