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4/According to the speaker, the long-term problem afflicting HK is loss of economic dynamism. A handful of conglomerates monopolize all economic activity on the island, and competition and vitality have vanished. Smart ambitious young people move to the mainland.
This is something that a lot don’t get about HK. I got a job here and the visa process was unbelievably easy. Easy to start a business in HK, if your market is outside of HK Different story if you directly compete with the oligarchs. And the oligarchs lean towards Beijing
