With a major new economic growth cycle beginning, a new China is being born

Pékin. Photo : Dong Wenjie / Getty Images

“When China shows a weakness — albeit a passing one, for history shows that the country bounces back after every crisis — we must not miss the opportunity, and the opportunity has never been as great as it is at this moment.”

The “yemenization” of Europe: when the war between the USA and China continues, not on their own territory but in Europe.

In simple terms, the USA will put a surtax on our manufactured and agricultural products and China will take our technology without paying for it. This is what is happening now.

Beijing still maintains that Hong Kong only accounts for 3% of China’s GDP, but bank assets in Hong Kong account for a quarter of the mainland’s GDP.

Without Hong Kong, the mainland cannot finance itself. Beijing therefore needs Hong Kong and Hong Kong definitely needs Beijing.

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Business angel / demon. Based in Hong Kong since 2011. Columnist, author of “Paris-PekinExpress”, “Beijing Express” and “Génération Tonique”.

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David Baverez

David Baverez

Business angel / demon. Based in Hong Kong since 2011. Columnist, author of “Paris-PekinExpress”, “Beijing Express” and “Génération Tonique”.

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