Police officers prepare to disperse a protest against the extradition bill in Hong Kong on June 12. As the China-US economic cold war escalates, and rising regulatory hurdles make it harder for Chinese companies to raise capital in the US, Hong Kong will become immensely valuable to China as an offshore financial centre. Photo: DPA
Police officers prepare to disperse a protest against the extradition bill in Hong Kong on June 12. As the China-US economic cold war escalates, and rising regulatory hurdles make it harder for Chinese companies to raise capital in the US, Hong Kong will become immensely valuable to China as an offshore financial centre. Photo: DPA