The Shenzhen Precedent: What a Border Boomtown Says About Singapore and Johor
When China designated Shenzhen a special economic zone in 1980, it was a border town of about 30,000 people beside wealthy, expensive Hong Kong. Capital and industry crossed the border; today Shenzhen has around 18 million people, one of China's highest GDP-per-capita figures, and is home to Huawei, Tencent and BYD. Singapore–Johor is not Shenzhen, and this is a pattern reference, not a price forecast — but the mechanism is the same, and in one respect Johor's is cleaner.
