Hong Kong's economic system has long been a topic of debate, with its status as a "free market economy" often called into question.

While Hong Kong has undoubtedly embraced capitalist principles and enjoys a high degree of economic freedom, the reality is more nuanced.

📊 At its core, Hong Kong's economy is driven by the private sector, with minimal government intervention.

Businesses operate with a significant degree of autonomy, enjoying low tax rates, minimal regulations, and an efficient legal system.

This has contributed to Hong Kong's reputation as a hub for international trade and finance, attracting global investors and businesses. - https://hongkongfocusguide.com/blog/is-hong-kong-a-free-market-economy/?unique_id_9n6qko1w

"The Complexities of Hong Kong's Economic System: Balancing Freedom and Regulation"