BY TE-PING CHEN
HONG KONG?Hong Kong and its neighboring Pearl River Delta?south China's industrial hub in Guangdong province?are moving toward tighter integration, aided by new transportation links and efforts by both sides to bolster stronger economic ties.
For the former British colony, the push for tighter relations reflects the need to boost competitiveness and to better capture booming domestic demand in the world's second-biggest economy. Meanwhile, markets in China, as with other parts of Asia, are racing to catch up to Hong Kong's well-established financial institutions and sound regulatory regimes.
Proponents of greater integration say better linkages will allow the region to capitalize ...
BY TE-PING CHEN
HONG KONG?Hong Kong and its neighboring Pearl River Delta?south China's industrial hub in Guangdong province?are moving toward tighter integration, aided by new transportation links and efforts by both sides to bolster stronger economic ties.
For the former British colony, the push for tighter relations reflects the need to boost competitiveness and to better capture booming domestic demand in the world's second-biggest economy. Meanwhile, markets in China, as with other parts of Asia, are racing to catch up to Hong Kong's well-established financial institutions and sound regulatory regimes.
Proponents of greater integration say better linkages will allow the region to capitalize ...
Source: http://online.wsj.com/article/SB10001424052702304830704577496653519396144.html?mod=fox_australian
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