Greater Bay Area, greater HK-Singapore competition

Rivalry aside, the Republic can still benefit indirectly and from the spillover effect

A general view of the skyline of Hong Kong. China unveiled the Greater Bay area blueprint on Feb 18, with Guangzhou, Shenzhen, Hong Kong and Macau singled out to lead the plan. PHOTO: AFP
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The newly announced plan to turn the Greater Bay Area in Southern China into an economic and innovation powerhouse is expected to intensify competition between the economies of the 11 Chinese cities within it and those in Asia.

In particular, it will give Hong Kong's rival, Singapore, a run for its money in the finance and technology sectors, said some observers.

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A version of this article appeared in the print edition of The Straits Times on February 27, 2019, with the headline Greater Bay Area, greater HK-Singapore competition. Subscribe