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The Mainland’s Trojan Horse
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The Mainland’s Trojan Horse

Philip Bowring's avatar
Philip Bowring
Aug 22, 2007
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The Mainland’s Trojan Horse
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China has handed Hong Kong a golden chalice. But could the sweet-tasting contents contain a slow-acting poison?

The promise of the chalice – the opening of the Hong Kong stock market to mainland individual investors – helped push the Hang Seng index up almost 6% in a single day. It was gratefully received, coming as it did after days of sharp falls drive…

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