Economics

China Plan to Integrate Hong Kong, Macau Skirts Tough Questions

Greater Bay Area aims to rival California’s Silicon Valley
Details unclear on integrating legal, customs, tax systems

Bloomberg’s Tom Mackenzie explains why China plans to link Hong Kong and Macau with cities in southern China.(Source: Bloomberg)

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By David Tweed, Yinan Zhao, and Edwin Chan

February 18, 2019 at 11:11 AM UTC

Updated on

February 19, 2019 at 8:48 AM UTC

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China’s long-awaited plan to create a high-tech megalopolis on its southern coastline rivaling California’s Silicon Valley generated optimism among Hong Kong’s business community even as key details remain unclear.