In The Balance

Can Hong Kong still call itself the gateway to China, or is it in danger of being dwarfed economically by its mainland neighbour? On the twentieth anniversary of the British handover of power to Beijing, we hear about the mainland Chinese money buying up Hong Kong businesses, properties and land, and discuss the impact it's having on the territory’s economy and society. As property prices rocket and people are left struggling to afford smaller and smaller flats, what future is there for Hong Kong’s young people? Have decades of financial might made Hong Kong complacent, and where will future economic growth come from? Contributors Allan Zeman, chairman of Lan Kwai Fong Group Elaine Tsung, co-founder of The Garage Society and Eaton House Andrew Shuen, from The Lion Rock Institute John Greenwood, chief economist at Invesco (Picture: A traditional junk boat sailing across Victoria Harbour, Hong Kong. Credit: Getty Images)