Hongkong may get more democracy, but its importance may diminish
Photo of the mammoth crowd in Hongkong

Time and again protest actions rock the former crown colony. The last was the umbrella revolution in 2014, where hundreds of thousands gathered in the same spots to peacefully protest against certain proposals.

Yet the months long protests that have occupied the airport, and canceled flights have already threatened business activities. The seeming regularity of these protests will create a long standing impression of Hongkong as a politically unstable city.

Worse, the images of American and British flags are waved during protest actions have emboldened the protesters, yet turned off a larger crowd of possible sympathizers.

With these developments, Hongkong`s stature as the global gateway to the worlds largest economy is under threat. While it may succeed in gaining more democratic space for its residents, other larger chinese cities like Guangzhou and Shanghai that have already eclipsed Hongkong as business centers, will rise as more politically stable counterparts for investors.

This is a looming paradox that does not bode well for the once popular crown colony, and the major international city closest to our own. Photo: wikipedia