Why is Beijing prodding Hong Kong developers to go for reforms and megaprojects?

Why is Beijing prodding Hong Kong developers to go for reforms and megaprojects?

Beijing is worried that Hong Kong developers’ tepid response to local megaprojects may further erode investor confidence and this was why a top central government official took on the task of cajoling the private sector on behalf of city authorities, political analysts have said. Economic and property specialists said the central government’s “explicit” call to…

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