I’ve been thinking about unexpected outcomes, specifically how mapping practices shape geopolitical imaginaries. So, I’m uploading four maps to make a highly speculative point: The Sino-British buffer zone has been a long time coming and like many contemporary boundaries it is an artifact of colonial institutions, including mapping practices. The way the British mapped Hong Kong included the area that today we think of as the Shenzhen inner districts (Luohu, Futian, and Nanshan) and was once known as “the Special Economic Zone.” For a more detailed development of this argument check out the article I wrote with Viola WAN Yan, “Shen Kong: Cui_Bono.” Continue reading
Tomorrow evening I’ll be talking about Shen Kong at HKU’s Shun Hing College. Please join us. The talk is free, but we ask that folks register at http://www.shunhingcollege.hku.hk/event/the-hong-kong-shenzhen-connection-lessons-challenges-and-outlook/.
Joshua Bolchover and Peter Hasdell edited Border Ecologies, a wonderful foray along the Shen-Kong suture. Contributing to the volume was pleasurable not only for the useful and considered editorial feedback, but also because I had a chance to work with Viola WAN Yan, a thoughtful and diligent young scholar. Please read our chapter, Shen Kong: Cui_Bono?
Tonight, I was one of roughly 2,000 people who welcomed spring in Changling Village (长岭村) by eating pencai together. Like a wedding banquet, a pencai banquet constitutes society table by table. The hosts were the 40-odd families who belong to the village, and their guests came from the Hong Kong side of the family, affines from neighboring villages, friends, street office officials, and representatives from the developer who aims to transform Changling into high end real estate on the Shenzhen River. Continue reading
How will you celebrate the 18th Anniversary of the Handover / Return of Hong Kong to Chinese Sovereignty? This July 1, 2015, China will launch the “mutual fund recognition framework” which will allow international assets managers to sell their Hong Kong registered fund products to Mainland investors. How’s that for a celebratory mouthful of globalization?
By Josh Noble in Hong Kong
Financial Times (FT)
Beijing has taken a further step in opening up its financial markets with the launch of a fund recognition scheme giving global asset managers greater access to Chinese investors.
The long-awaited mutual fund recognition framework, announced on Friday evening, will allow international asset managers to sell their Hong Kong-registered fund products directly to Chinese investors for the first time. To be eligible, funds must have a track record of more than one year and assets under management of at least Rmb200m ($32m).
The programme will launch on July 1, according to a joint statement from Hong Kong’s Securities and Futures Commission and the China Securities Regulatory Commission.
Ashley Alder, head of the SFC, said the agreement was a “major breakthrough” in terms of mutual market access between China and Hong Kong.
Fund recognition is the latest step in opening China’s…
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Three days ago, Premier Li Keqiang announced that 2015 was the year in which the yuan could be freely traded within an experimental area in Shenzhen. This Two Meetings (两会) announcement followed his January trip to Shenzhen, when he stated that the Central Government (中央) required three things from Shenzhen:
1) to continue to cultivate the fields of experimentation (继续种好国家改革开放的试验田);
2) to lay the road of creative development (打造创新发展的道路);
3) to become a model of a city that can accommodate development (成为包容发展的示范城市). Continue reading
In January 2014, anti-Mainland sentiment in Hong Kong resulted in protests calling for the “locusts” of Mainland smugglers to leave the territory and for border controls to be tightened against them. The expression “locusts” appeared again in a 2015 description of Mainland students studying at Hong Kong universities and “stealing jobs” from locals. A week ago, there was another burst of anger against “locusts”, this time against the small time parallel traders (“water guests or 水客“) who purchase goods in Hong Kong for resale in Shenzhen and other Mainland areas. In turn, pro-Mainland blogs have argued that “local termites harm Hong Kong more than locusts do (本土白蚁比蝗虫更损香港)”. Continue reading