Hong Kong occupies a special role as part of China yet standing outside it, and the escalating rivalry between Washington and Beijing calls for a strengthening of its distinct institutions, including finance. Photo: EPA Hong Kong occupies a special role as part of China yet standing outside it, and the escalating rivalry between Washington and Beijing calls for a strengthening of its distinct institutions, including finance. Photo: EPA
Hong Kong occupies a special role as part of China yet standing outside it, and the escalating rivalry between Washington and Beijing calls for a strengthening of its distinct institutions, including finance. Photo: EPA
Mark Clifford
Opinion

Opinion

The View by Mark Clifford

Hong Kong is caught between China and the US in their new cold war – but this isn’t the first time

  • Hong Kong was branded a ‘dying’ city in the darkest days of the Korean war but rose to the occasion. With a new standoff brewing, it must now bolster the institutions that make it unique

Hong Kong occupies a special role as part of China yet standing outside it, and the escalating rivalry between Washington and Beijing calls for a strengthening of its distinct institutions, including finance. Photo: EPA Hong Kong occupies a special role as part of China yet standing outside it, and the escalating rivalry between Washington and Beijing calls for a strengthening of its distinct institutions, including finance. Photo: EPA
Hong Kong occupies a special role as part of China yet standing outside it, and the escalating rivalry between Washington and Beijing calls for a strengthening of its distinct institutions, including finance. Photo: EPA
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Mark Clifford

Mark Clifford

Mark L. Clifford is executive director of the Asia Business Council and author of "The Greening of Asia: The Business Case for Solving Asia’s Environmental Emergency". Previously he was editor-in-chief of the South China Morning Post, publisher and editor-in-chief of The Standard, and Asia regional editor for BusinessWeek. He graduated from the University of California, Berkeley and was a Walter Bagehot Fellow at Columbia University. He has lived in Hong Kong since 1992. www.markclifford.org