The debate surrounding Stephen Roach's opinion piece in the Financial Times, where he stated "It pains me to say HK is over", has intensified, focusing on the future of Hong Kong amidst its political challenges, China's economic situation, and the ongoing US-China conflict. Roach, a former Morgan Stanley Asia chair and senior lecturer at Yale University, criticized Hong Kong's current transformation, suggesting that China needs to repair its economy and adhere to the 'One Country, Two Systems' principle to ensure Hong Kong's prosperity. His comments, which have sparked a broad discussion, were notably targeted at critics who reacted personally rather than analytically. Highlighting the views of a "former China-lover", Roach's stance, emphasized in his Bloomberg TV interview, underscores the necessity for China to allow Hong Kong more autonomy for a brighter financial future.
Stephen Roach: “China must fix its economy and let Hong Kong run itself if it wants a better future for the financial hub.” https://t.co/ryQAysWOT7 [video: Bloomberg TV] https://t.co/eWgDHqFc8U
China must fix its economy and let Hong Kong run itself if it wants a better future for the financial hub, former Morgan Stanley Asia chair and a senior lecturer at Yale University Stephen Roach says https://t.co/8irdb9VptF https://t.co/fn1wO1pj8q
So, how to make sure Hong Kong is not over? 1. China fixing its own economy 2. Beijing really honoring the "One Country, Two systems" formula @SRoach_econ told Bloomberg TV after his pessimistic column stirred uproar in the city https://t.co/qGzujwW7XZ
China must fix its economy and let Hong Kong run itself if it wants a better future for the financial hub, former Morgan Stanley Asia chair Stephen Roach said https://t.co/Xc0njoi4PB
.@SRoach_econ coming up on the show. There’s been a lot of debate on his FT op ed: “It pains me to say HK is over”. Send us Qs if you have any. https://t.co/wfb6v8FqW0
“If the criticism of a former China-lover cannot be tolerated, imagine how other Wall Street investors will view Hong Kong's current transformation?” https://t.co/uui1Nz7klF
Active debate continues in Hong Kong over my opinion piece in last week’s FT. My three points — HK politics, China’s economy, and the US-China conflict— bear critically on the future of Hong Kong. Critics are taking this personally— not analytically. https://t.co/wXvYy3teqx