The southern Chinese city may be losing its edge as one of Asia's leading entertainment hubs — for reasons that aren't necessarily tied to geopolitics.
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The HKSAR Government welcomed the Asian Games team members back to Hong Kong, and Mr Lee presented certificates of commendation to the winning athletes. Chief Executive Li Jiachao said in his speech that he had gone to Hangzhou to cheer for the Hong Kong team, and personally witnessed the birth of one of the gold medals. Secretary for Culture, Sports and Tourism Yeung Yun-hung stressed on the 14th that it is not "no medal without pay" The total budget expenditure for sports development in 2023-24 reaching nearly HK$74.5 billion.
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