Last week, Hong Kong braved the strongest storm of the year in the world as Super Typhoon Ragasa ripped through the city as well as the Philippines, Taiwan, Macau and coastal mainland China, causing havoc. Compared with the devastation caused by Super Typhoon Mangkhut in 2018, Hong Kong did well this time. Mangkhut sank boats, damaged infrastructure, left roads strewn with debris, injured hundreds of people and caused economic losses estimated at HK$4.6 billion (US$591.3 million). Economist...