Business news live from singapore. 20 years since hong kongs hand over to china is its economy better or worse off . And it has been two decades since the Asian Financial crisis we look at the philippines and why it did better than its regional neighbours in riding out the turmoil. Good morning, asia. Hello, world. Thank you forjoining me for this friday edition of Asia Business report. Im rico hizon. As we told you on newsday this weekend marks 20 years since hong kong saw the end of British Colonial will. Chris patten was the last governor of hong kong, which is one of the major financial hubs of asia. My of the major financial hubs of asia. My colleague asked him if he is concerned about the future of the economy under chinas growing influence. My biggest worry about hong kong wasnt that the tanks would roll in from the north but that hong kong would simply become the richest city in china. I dont think that is going to happen so long as hong kong can hold onto the rule of law, inde