News analysis

Hong Kong innovation under threat in battle of giants

City's efforts may suffer as escalating Sino-US conflict extends beyond trade into knowledge

Hong Kong's future lies precariously wedged between the United States and China, and as the escalating fight between the two giants extends beyond trade into knowledge, the city's efforts to innovate could suffer quite considerably.

As New York University's Professor Thomas Sargent noted in his address at a forum in Zhuhai last month, a nation's growth is driven by three key things - capital, labour and knowledge.

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A version of this article appeared in the print edition of The Straits Times on October 13, 2018, with the headline 'HK innovation under threat in battle of giants'. Print Edition | Subscribe