William H. Overholt is head of Asia strategy and economics for Nomura International, a Japan-based securities firm with offices in Hong Kong and around the world. He holds a doctorate in political science from Yale University and is the author of five books, including The Rise of China: How Economic Reform Is Creating a New Superpower (1994).
October 2001, Volume 12, Issue 4
Hong Kong has experienced a smooth transition from British to Chinese rule, but signs of political, economic, and social malaise mean that further steps toward fuller democracy are needed.
