As Hong Kong suffers, China risks losing its financial window on the world
by Martin Farrer and Kalyeena Makortoff from Economics | The Guardian on (#4VQFB)
The territory's recession is getting deeper and the US is threatening its special trading status, bringing serious consequences for Beijing
Almost six months after the protest movement that has upended life in Hong Kong began, the region is now facing serious questions about its future as Asia's leading international business centre.
The most recent violence in the autonomous Chinese region have been the worst disturbances of the six-month long pro-democracy protests. US lawmakers have passed legislation threatening Hong Kong's special trading status and the territory has slumped into its worst recession for 10 years.
Related: My beloved Hong Kong has become a war zone and daily life is full of anxiety
Continue reading...