Guest appearance on 21 April with Back Chat, a Radio Hong Kong news and public affairs program.
(Slide the time counter in the Full Version to 19:30, 40:43 and 47:06 for starts of my conversations)
The opportunities of the Greater Bay Area plan will be boosted in the context of China's One Belt, One Road initiative. Click here. The anchors referred a few times to the suggestion that the plan could be Hong Kong's "last chance" to shore up its declining competitiveness.
At the end of the program, I was asked what Hong Kong would be like 20 years from now. There is little doubt that Hong Kong would be even more deeply integrated with the Mainland economy.
But I forgot to mention that in 2037, ten years before the constitutional expiry of the One Country, Two Systems formula, if Hong Kong gets it right, so that the formula becomes a huge China advantage, instead of a burden, there is every reason to believe that China would want to renew the formula for say, another 30 or 50 years! As in the case of the 1997 Handover, a decision on Hong Kong's long-term future would have to be made at least a decade in advance to forestall any capital and people flight.
If Hong Kong's future beyond 2047 is renewed, that would be a great boon to the people of Hong Kong. At the very least, that would take the wind out of the sail of so-called Hong Kong "self-determination" or "independence" driven partly by young activists unsure of their future.