Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’

South China Morning Post

South China Morning Post

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June 8, 2026

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lean left
Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’

Hong Kong property tycoon Gordon Wu Ying-sheung has predicted that China will overtake the US as the world’s largest economy in the next decade or so, propelled by rapid technological advances while Washington is weighed down by massive defence expenditure and national debt. Yet the 90-year-old founder and chairman of Hopewell Holdings, who rarely speaks to the press, said Hong Kong should look past geopolitical tensions between Beijing and Washington to build closer ties with the United States,...

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This article was published by South China Morning Post, a source frequently categorized with a lean left bias based in Hong Kong. Our narrative intelligence engine continuously monitors coverage from this outlet to track framing, bias, and rhetorical patterns. Our initial algorithmic scan of this specific piece did not flag high-confidence rhetorical techniques, suggesting a generally straightforward reporting style or neutral framing. By understanding the editorial perspective of South China Morning Post, readers can better contextualize the information presented and compare it across our broader media matrix to find the real narrative.

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