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SH onshore, HK offshore still. PRC bigger economy than entire region SG serves, if PRC wills HK to be finance hub larger than SG then that's what HK will be, on
by maxglute 8mo ago
SH onshore, HK offshore still. PRC bigger economy than entire region SG serves, if PRC wills HK to be finance hub larger than SG then that's what HK will be, on mainland volumes alone. One thing Singapore has over HK is it's land endowments though pathetic is slightly less meagre, SG managed to carve out nice industrial sector for 20-25% of GDP, something HK couldn't compete with PRC and IMO heavy reliance on finance fucked it over. Hence HK being integrated into greater pearl river after NSL slap down cowed all the nativists.