Hong Kong must be ready for Chinese firmsโ โgreat repatriationโ of wealth
In my travels around the world, Iโm often asked if the best days of Hong Kong are behind us. My answer is always an emphatic โnoโ โ and this is not merely a pep talk. When you step back and take a broad macroeconomic view, it becomes clear that, structurally speaking, our greatest opportunities lie just ahead. While many commentators scramble to draw parallels between Japanโs โlost decadesโ and Chinaโs economic headwinds, they miss a far more apt and profound comparison: the phenomenon known as...