Business

Hong Kong’s financial district can no longer be sole driver of growth, minister says




A planned new urban centre along the border with mainland China will become the second great economic engine of Hong Kong, complementing the financial district that has historically defined the city’s identity, the financial chief has said.Having one driver of growth in the north and the other in the south to create a “dumbbell” pattern would also allow for more flexibility in city planning, Paul Chan Mo-po wrote on his blog on Sunday.The financial secretary argued that Hong Kong had a “golden…



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