Cosmopolitan Capitalists: Hong Kong and the Chinese Diaspora at the End of the Twentieth Century

At midnight on June 30, 1997, Hong Kong became part of the Peoples Republic of China. The transfer of Hong Kong sovereignty from Great Britain to China was an extraordinary historical event, signifying the end of the Wests colonial presence in Asia and the rise of Chinas hegemony.

In 150 years as a British colony, Hong Kong changed from a barely inhabitable colonial entrepôt to one of the worlds leading financial and industrial centers. Faced with a new social and economic order under Chinese law, many Hong Kongers moved to a new country; others decided to stay; but many chose to maintain their lives and livelihoods in Hong Kong, while spreading their assets and their family members around the world. They bought apartments in London and condos in Vancouver, invested in firms in Guangzhou and Thailand, and sent their children to schools in Europe and Australia. These new up-market migrants have transformed a cosmopolitan outlook into a global presence.

Cosmopolitan Capitalists focuses on the people of Hong Kong and how they are defining themselves under altered

circumstances. It is a broad multi-disciplinary view of Hong Kongs transformation, written for a general audience by some of the worlds foremost scholars on the region.