Hacker News new | ask | show | jobs
by headsupftw 2511 days ago
"HK only amounts to a small percentage of China's GDP now" Echoing this statement, HK accounted for 18% of China's GDP when it became part of China in 1997. Today its neighboring city Shenzhen alone generates more GDP than HK. Nobody saw this coming twenty years ago.
1 comments

The Chinese definitely saw it coming. The special economic zones were a specific plan to undercut HKs power and fuel mainland growth, which the CCP directly controlled. The mainland has always distrusted what it deems to be subversive ideas. HK and its ideas towards democracy has always been an existential threat.