A currency exchange shop in Central decorated with banknotes. Hong Kong is often dismissed as a city of pampered snowflakes who have far too many liberties than is good for them. Nothing could be further from the truth. Photo: Felix Wong
Richard Harris
Opinion

Opinion

The View by Richard Harris

Hong Kong is irreplaceable for China. That’s why the PLA hasn’t rolled in yet

  • Hong Kong is still China’s critical gateway to multinational capital, and mainland banks, now worth US$1.2 trillion, hold overseas assets concentrated in the city. China simply can’t afford to destroy Hong Kong’s commercial freedoms

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A currency exchange shop in Central decorated with banknotes. Hong Kong is often dismissed as a city of pampered snowflakes who have far too many liberties than is good for them. Nothing could be further from the truth. Photo: Felix Wong
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