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
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

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