Where does this leave one country, two systems, the framework that is supposed to bind Hong Kong to China and outline a modus operandi for this relationship to work?
It has become clear since the 2014 Occupy movement that there are very different perceptions – in Hong Kong and elsewhere – of what the framework meant and was intended to achieve. More widely, though, Hong Kong’s institutions, political culture and media environment will remain distinct and different from the rest of China.
A well-educated and dynamic urban middle class provides a good basis for growth in higher value-added and services sectors. Dynamic innovation is a feature of China’s corporate world, especially in tech and new economy sectors.
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