Does China Still Need Hong Kong?

Friedrich Wu

Published: June 2007

As the Hong Kong Special Administrative Region reaches the 10th anniversary of the territory’s reunion with its sovereign in China this year, it faces several looming competitive challenges from its ambitious and aggressive “sister” cities on the mainland. Going forward, without a credible counter-measure strategy, Hong Kong’s economic role as the uncontested interface between China and the rest of the world will be usurped by some of the mainland’s first-tier cities.