Elliot Wilson

Why everyone will suffer if China cracks down on Hong Kong

The island’s vital role in the global financial system means the effects of a Tiananmen there would be felt worldwide

With all the chaos and confusion engulfing Hong Kong in recent weeks, it’s worth reminding ourselves what an extraordinary city it is — and what a loss to investors the removal of one of the world’s great safe havens would be.

Hong Kong has long operated in a culturally neutral zone somewhere between China and the world, a bridgehead between the West and the world’s rising superpower.

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