Hacker News new | ask | show | jobs
by csomar 2183 days ago
That's in GDP terms. But lots of money flow through Hong Kong. If HK was to fail and get disconnected, China will lose a significant portion of their exports. Hong Kong imported around $264bn of products from China. These are unlikely going to HK mainland but rather re-routed to other parts of the world.

It doesn't help that China is in bad terms with the U.S. and India. India is on track to become the third-world economy. China is gradually isolating itself from the rest of the world.

1 comments

Just because HK couldn't facilitate it anymore doesn't mean the world will stop buying $260bn worth of goods and services. It would just be 'rerouted'.