I just read this post in a spanish economy blog regarding the Index of Economic Freedom. Apart from checking where Spain is as the original blogger did. I got surprised for one thing: Hong Kong is the leader of this index… Wait! Isn’t Hong Kong part of China? Yes, politically, but not in an economic sense. Together with Macao, they have a special status named Special Administrative Region, and do not follow many chinese policies, including economic.

So, if Hong Kong is not China, and Hong Kong is the leader, where is China? In the position 132, which is normal based on the lack of correlation between a communist system and economic freedom.

Isn’t it ironic that two parts of the same country have such a big difference? The S.A.R., which gives Hong Kong independence in almost all fields, will be valid for 50 years, and then the idea is to have “one country, one system”, and not “one country, two systems”, as per today. Will this time be enough for reducing the huge gap? In which way will it be reduced?