The early months of 2010 saw Hong Kong moving slowly but surely toward a fractious political showdown that will influence its governing structure for years. The main question concerns how to adopt electoral reforms that could move it closer to a Beijing-promised "ultimate"goal of universal suffrage—or whether the reform process will stop, perhaps permanently.
The economy, meanwhile, showed further recovery from a 2009 reversal caused by the global financial crisis. However, there are continued worries on at least two fronts: the gap between rich and poor continues to grow and is one of Asia's most extreme, while property and other asset bubbles threaten to burst, bringing a financial relapse.
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