Hong Kong’s Identity Crisis
Despite its famed resilience, it’s hard to make the case for an upturn in the city’s fortunes, given they now go hand-in-hand with those of mainland China.
Stephen Roach, senior fellow of the Paul Tsai China Center of Yale Law School, is the former chairman of Morgan Stanley Asia and author of Accidental Conflict: America, China, and the Clash of False Narratives (Yale University Press, 2022).