Saturday, 13 July 2024

[Post 408] Hong Kong In The Greater Bay Area: Can Pearl Of The Orient Regain Its Shine? | Insight





Summary

Slowing growth, weak investor confidence and brain drain - Hong Kong, the Pearl of the Orient, may be losing its lustre. Could its future lie in the Greater Bay Area, an economic integration project joining the Special Administrative Region to Guangdong and Macau? 

Over the next decade, greater transport, administrative and economic links will tie Hong Kong inextricably to Southern China. But will Hong Kong find opportunity or obsolescence in the Greater Bay Area? And with around two decades till the end of "One Country Two Systems" in 2047, is the Greater Bay Area a way to assimilate Hong Kong with the Mainland?

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