Originally Posted by
Brian304
It won’t be for long... Sanya (the island next door) is already expanding there ports as per government planning quietly. They publicized it to be the next Shenzhen, but in reality there using the docks to replace the import/export of Hong Kong. The step next year will be to reduce the import/export taxes lower than HK so that businesses will go over to use them. It’s all part of the government planning in PEK, just wait for reality next year...
Nobody wants to ship their transit cargo through Mainland China or worse, do banking there. The events in HK are just further reinforcement of this fact. The problem is that HK now is looking more like the Mainland and capital flight is a real threat. That capital sure as hell ain’t going to Sanya!