In the real world, sensible governments know that getting companies to make investments is a good thing, not a bad thing. Over in the States, Joe Biden is making the investment incentives of the IRA the centrepiece of his re-election campaign. That's why it's remarkable to see a government actively trying to drive away investors.
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Not just an issue of military forces. The New Territories were where all the water supplies for Hong Kong Island were located. It would have been a completely untenable situation once the 99 year lease ran out.