Beijing Launches Plans for Shenzhen to Become World Hub, in Apparent Bid to Replace Hong Kong

Beijing has released a new policy laying out its ambitions for Shenzhen City—located in Guangdong Province just across the border from Hong Kong—to become a world-class tech innovation city. Media in Hong Kong are theorizing that it signals the Chinese regime’s intention to replace the city as a major financial hub. The timing coincides with … Continue reading Beijing Launches Plans for Shenzhen to Become World Hub, in Apparent Bid to Replace Hong Kong