William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Further deterioration of city's global economic status seems inevitable

Hong Kong's incoming Chief Executive John Lee, pictured in November 2021: Lee's ambitions to silence debate even further hardly seem in the interest of Hong Kong's 7.6 million people. © Reuters
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."