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China’s Silicon Valley Rival Could Be Awash With Climate Risk

March 28, 2019, 12:00 AM

China hopes to build a financial hub and innovation zone to rival Wall Street and Silicon Valley in Hong Kong and nearby South China cities—a coastal zone in the path of future risk from climate change.

Developers of what China calls its Greater Bay Area plan, unveiled in February, have yet to focus attention on the risk from sea level rise and flooding on the infrastructure, property and human lives.

The area is home to around 67 million people and generates $1.5 trillion in annual gross domestic product—comparable to Texas, New York State, or ...

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