by James Rickards
Daily Reckoning
I’ve been visiting Hong Kong for over 35 years. My first visit was in 1982 and my most recent was in May 2018.
All large cities change over time. New districts are developed. New buildings are erected and some old ones torn down.
Cities on the water, like Hong Kong, can use landfills to build more land and transform colourful (if dangerous) dockside alleys into sleek convention centres and hotel districts. None of that is unexpected, especially in dynamic cities like Hong Kong.
Yet in addition to physical infrastructure (which changes), cities have a kind of soul or zeitgeist, which is less susceptible to change.