This study examines whether regional upgrading has affected the traditional division of labour between Hong Kong and the Pearl River Delta, as exemplified in the ‘front shop–back factory’ model. The location choices and investment characteristics of foreign multinational enterprises are...

The contemporary rise of China in the new geo-economy is increasingly pressurising the spatial distribution of financial activity in mainland China and Hong Kong. With the reemergence of Shanghai, many people foresee the future demise of Hong Kong as the most important financial centre for the...

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