Yes, the Hong Kong of Old Is Over by Stephen S. Roach - Project Syndicate
Skip to navigation<br>Skip to main content
Yes, the Hong Kong of Old Is Over
Jul 23, 2026
Stephen S. Roach
The pro-China camp continues to tout Hong Kong’s resilience, recently pointing to the fact that the city has reclaimed its position as the global IPO leader. But conveniently left out of this narrative is that resilience has come to depend on the direct intervention of the Chinese authorities.
NEW HAVEN—Hong Kong deserves credit for putting up a fight. In the nearly two and a half years since I expressed the apparently controversial opinion that Hong Kong is “over,” the city’s boosters have orchestrated a determined campaign to prove otherwise.
https://prosyn.org/rv1dbea
Register an account to continue reading with a $1 trial
Register Now
Already have an account?
Log in
© Project Syndicate - 2026 | Privacy Policy | Terms & Conditions | Cookie Policy
✕ Log in/Register
Please log in or register to continue. Registration is free.
Log in
Register
Email<br>required
Password<br>required
Remember me?
Please enter your email address and click on the reset-password button. If your email exists in our system, we'll send you an email with a link to reset your password. Please note that the link will expire twenty-four hours after the email is sent. If you can't find this email, please check your spam folder.
Reset Password<br>Cancel
Email<br>required
Newsletters
PS Economics Newsletter
PS AI & Tech Newsletter
Marketing Communications & Updates
By proceeding, you are agreeing to our Terms and Conditions.
or
Sign in with
Microsoft
Your Institution
Enter your password to confirm.
Cancel<br>Yes, cancel
Cancel<br>Yes, cancel
Cancel<br>save
To receive email updates regarding this {entity_type}, please enter your email below.
If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.
Cancel<br>Confirm