Stephen Roach's 'Hong Kong over' theory is weird at the very least - China Daily
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An economist declared Hong Kong "over" — but critics say the city's blend of national ties and global access makes that verdict far too simple.
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Theory Briefing
- Stephen Roach's claim that Hong Kong is finished is called "weird at the very least" by Virginia Lee, a pointed rebuttal to a prominent economist.
- Lee argues Hong Kong's future rests on three pillars: national sovereignty, China's development opportunities, and its international connections.
- The debate frames Hong Kong as a test case for whether a city can serve both a rising national power and the global economy simultaneously.