June 23, 2014

Is This the Death of Hong Kong?

William Pesek, Bloomberg

The Associated Press

Nineteen years ago this month, Fortune ran its infamous "Death of Hong Kong" cover. By 2007, the magazine had changed its tune, deciding, in the Mark Twain sense, that it had been "wrong" and that "reports of Hong Kong's death have been greatly exaggerated." Given recent events, however, Fortune's initial prediction that Beijing's meddling would cost Hong Kong its pivotal role in the world may have been spot on.

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TAGGED: Hong Kong, China

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