GUIDANCE
Can Hong Kong's Economy Weather the Storm?
Nov 19, 2019 | 22:08 GMT

A barricade burns during a clash between pro-democracy protesters and riot police in Hong Kong on Nov. 12, extending one of the most violent stretches of the city's past half-year of political turmoil.
(DALE DE LA REY/AFP via Getty Images)
Highlights
- Continuing unrest in Hong Kong will further erode the city's status as an international business center by diverting capital and investment to Singapore and other regional hubs.
- Beijing will increasingly turn to its mainland cities for a new link to global markets but will ultimately fail to replace Hong Kong's uniquely liberal financial system in the short term.
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