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Hong Kong highlights dilemma facing world's mobile elite

Deciding whether to stay put or migrate is a drama playing out across the globe

| Hong Kong
Central financial district of Hong Kong, pictured on Mar. 11: the choices of intellectual elites are influenced by whether or not governments have risen to contemporary challenges.   © Reuters

Henny Sender is a managing director at BlackRock in Hong Kong and a former Financial Times correspondent.

It is part of the contemporary myth of Hong Kong that it has always been a Chinese city. But in its early days, it was a mosaic, with Baghdadi Jews, Portuguese Christians and South Asians, whether Parsees of Persian descent, Muslims, or Hindus. Today, many of this last group can trace back their roots for four or five generations, and in some cases from Shanghai before that.

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