Beijing and Tokyo can learn from China’s ‘Hong Kong of the north’

Markets, not government direction, offer the best path to sustained economic growth The Summer Davos forum was held this year in the city of Dalian, Liaoning province. (Photo by Kohei Fujimura) TOKYO — In late June, the World Economic Forum and the Chinese government jointly hosted the Summer Davos forum in the city of Dalian in Liaoning province, a city that once aspired to become the "Hong Kong of the north."

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