HONG KONG -- The Chinese government aims to transform Shenzhen into a global business center, in an apparent gambit to position the southern city as a model of stable prosperity compared with neighboring Hong Kong.
New infrastructure and reforms would help city replace island as investment hub

China is positioning Shenzhen as a new economic and investment center that will compete with Hong Kong. © Reuters
HONG KONG -- The Chinese government aims to transform Shenzhen into a global business center, in an apparent gambit to position the southern city as a model of stable prosperity compared with neighboring Hong Kong.