Northern Metropolis can combine best of central planning and free market

The Northern Metropolis is in the news almost every day. The big policy focus for the administration, it is determining a new future for Hong Kong. Part of the New Territories, which were dubbed “a land between” in the 1980s, the area was once little more than a rural leftover between urban Hong Kong and the mainland, where Shenzhen’s paddy fields could be seen from a Lok Ma Chau hill. China’s opening-up policies saw Deng Xiaoping promoting Shenzhen in the 1990s. Suddenly, a world-class,...