Hong Kong takes back seat as China's Xi promotes neighbor as future 'model city'

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China's President Xi praised the tech-hub city of Shenzhen in a landmark speech on Wednesday, leaving some puzzling over the future of nearby Hong Kong, as China's traditional global foothold.

said the law was necessary to protect national security and wouldn't erode the city's freedoms.

The roles played by Shenzhen and Hong Kong in China's economic development are"complementary not competitive," said Yongjin Zhang, professor of international politics at Bristol University. With the former focused on tech and the latter on financial markets. "It is true, though, that compared with twenty years ago, the leading role that Hong Kong plays in China's engagement with global financial today is no longer as exclusive as it used to be," Zhang said.

Adding that much would depend on whether Xi would create a similarly"imaginative vision" for the region as his political predecessor Deng, forty years ago.Adela Suliman is a London-based writer and reporter for NBC News Digital.Eric Baculinao is a producer based in Beijing.

 

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