A report on Hong Kong by the Centre for Strategic and International Studies does not appreciate fundamental pillars set out in the Basic Law. The city is still governed by Hongkongers, maintains judicial independence and has an international identity under the umbrella of China.
The latest wake-up call was a deadly fire in a 60-year-old building that had failed to comply with fire safety orders for years. One way to solve the problem is for the authorities to directly engage contractors to carry out repairs and then charge building owners a high premium.
Amid a series of setbacks, Hong Kong remains stuck the past when it comes to cultivating foreign talent and capital from emerging markets. By establishing itself as a hub that celebrates innovation and multiculturalism, the city can attract top-tier professionals from around the globe.