(Hong Kong Comprehensive News) Stephen Roach, former chairman of the US Investment Bank Morgan Stanley, said that if Beijing hopes that Hong Kong will be better in the future, it must repair the Chinese economy and let Hong Kong self -manage.
Luo Qi, a senior lecturer at Yale University, previously wrote that "Hong Kong has finished playing" before, which caused a stir.In an interview with Bloomberg TV on Wednesday (February 21), he pointed out the above.
"The most important thing is that Beijing can do the first to repair its own mechanism (System)."He added: "Secondly, in terms of promising to maintain the 'one country, two systems' model, Beijing needs to be more positive and transparent."
Robic believes that it is not easy to solve the long -term structural problem of China's economy, and said that Beijing's measures to curb the landscape of shrinkage and real estate market landslides, "have so far been insignificant."
He wrote in the British Financial Times column last Monday (February 12) that the Hong Kong stock market was in trouble, symbolizing the end of economic achievements in the past 20 years.The economist listed the reasons for the upgrading of Beijing to strengthen the management and control and the upgrade of tensions in the United States and China.
Raki wrote: "This city I once called home and regarded as a vibrant fortress has been the worst in the world's major markets in the world since returning to China for 25 years.Hong Kong is Now over), it is painful for me. "
Roki's article has triggered a refutation of well -known people in Hong Kong.Shi Melun, chairman of the Hong Kong Exchange, who is about to step down, said that she "disagreed" and pessimistic arguments, and blamed the market downturn on external factors.
Stan Meilun said at an exchange ceremony earlier: "From time to time, some people predict that Hong Kong has ended poverty ... We repeatedly proved that they were wrong."
Earlier this year, as global capital flowed out of China, Hong Kong was once surpassed by India and lost the world.The status of the fourth largest stock market.Beijing's strict epidemic prevention measures, continuous rectification of private sector, real estate crisis, and geopolitical tension with the West, these factors are superimposed to erode China's growth prospects.
The Chinese government is seeking to strengthen the economic connection between Hong Kong and mainland cities through the construction of the Guangdong -Hong Kong -Macao Greater Bay Area. At the same time, I hope that the Greater Bay Area will eventually compete with Tokyo and Silicon Valley.
Roki also told Bloomberg TV that the Greater Bay Area is a concept of China -centered, which will allow Shenzhen to play the same and even more important role as Hong Kong.He warned: "Hong Kong has a risk of being marginalized."