So it was a reverse takeover then

China has adopted the mores of Hong Kong and they are now working to a model of economic growth that glorifies excess.

It was said back 15 years that the handover of Hong Kong might be the greatest reverse takeover in history.

Might even be right….

1 thought on “So it was a reverse takeover then”

  1. It’s not happened (HK taking over China) but it should. What’s actually happened is that HK stopped being a British colony and started being a Chinese colony.

    The Chinese leadership likes it because they can do the more dirty, blatantly capitalist, things through HK. For example making it the only place you can trade RMB in serious quanities means they can control (and shut down if necessary) the trade entirely while doing it in a place the west is prepared to do business.

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