It was once fashionable to argue that when China opened up to the world, Hong Kong and Singapore would suffer. Once the Chinese got their act together, these cities’ role in intermediating the region’s finances would be marginalized by Shanghai, Shenzhen, and other new centers.
曾几何时，人们纷纷议论如果中国向世界开放，香港和新加坡将受到冲击。一旦中国开放，这些城市的地区金融中介作用就会被上海、深圳和其他新中心边缘化。或许有一天终会如此，但现在还没发生。