An excellent, highly informed analysis - free of the 'orientalism' that usually dogs discussion of China.



One thing I disagree with is the projection on Hong Kong and the future of its 'top ranked' universities, which are underfunded. Hong Kong limps along with its 'market leads government follows' policy (which, as in the West means government helps large concentrations of wealth but not average people), creating not only crises for average people (only 15% of which can now afford a small apartment), but also squeezing public education at every level. Singapore's government funding of universities is equivalent to what Hong Kong research receives from both government and private sources. Top Mainland Chinese universities are extremely well-funded. If Hong Kong continues to sit on its hands and watch, Shenzhen could well become the knowledge leader in the Greater Bay Area (at least in the sciences and business).