From ‘Pearl of the Orient’ to ‘Financial Ruins’, Hong Kong Faces a Ruthless Global Abandonment.
From ‘Pearl of the Orient’ to ‘Financial Ruins’, Hong Kong Faces a Ruthless Global Abandonment.
Udumbara
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In just a few short years, Hong Kong has dramatically shifted from its renowned status as the "Pearl of the Orient," a bustling free port and one of the global financial centers, to what is now being termed a "ruin of the global financial center." This decline signifies a growing global abandonment of Hong Kong's position as an international financial hub. The extent of Hong Kong's economic woes is evident in the following six aspects:
