Hong Kong

China claims that communism is the most cost efficient system, yet Hong Kong, when it under british control, yielded higher profits. China, when it gained control, left things as they were, because they knew it would diminish profit if they changed it. Question is, how long will it stay that way? China will bring Hong Kong back into the government’s fold, bringing Hong Kong into the red.

Published in:economics |on February 7th, 2008 |No Comments »

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