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by eemil
825 days ago
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It's only going to get worse. Being an economic powerhouse, China didn't want to mess too much with Hong Kong's winning formula in the past. But with China's explosive growth the past two decades, Hong Kong is less and less important in the grand scheme of things. No reason to give "just another Chinese city" any special treatment. > Hong Kong's share of China's GDP has been shrinking over the past 25 years. In 2021, Hong Kong's GDP was equivalent to 2.1% of mainland China's, down from 18.4% in 1997 when it reverted to Chinese rule. [1] [1] https://www.reuters.com/graphics/HONGKONG-ANNIVERSARY/klpykr... |
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