Business
11:12, 29-Jun-2017
Hong Kong: how the Asian dragon has changed over the decades
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Hong Kong has long been described as one of the “four Asian dragons” - a wealthy high-tech industrialized region, alongside another Chinese region Taiwan as well as two other Asian economies Singapore and South Korea. Its limited land resources and geographical position have been a weakness, but also a strength.
From the 1950s to 1980s, factory buildings dominated Hong Kong. Later on, the city looked to finance and commerce as new growth engines.
From a manufacturing hub to a financial center, to a future Greater Bay Area city, Hong Kong has regularly changed to find the best development path. CGTN's Natalie Wang looks at how the city has survived and thrived over the past decades.