Chanchu: Chinese Katrina?

The name "Chanchu", meaning "pearl" was submitted to the Western Pacfic typhoon name list by Macao, which is now looking to be hit by its full strength. Chanchu is currently a Saffir-Simpson Category 3 typhoon, with winds of 130 mph. By the time it reaches Hong Kong in 72 hours, it is projected to be a Category 5. It is now clear that this is rapidly becoming the worst case scenario for Hong Kong. For a preview of what is likely to occur there in three days there is a Discovery Channel miniseries episode airing tomorrow at 1 PM EST that explores this exact scenario. Of course, in some ways, Hong Kong is better off than New Orleans. For one, it does not have large sections that are below sea level. The higher terrain won't be as subject to the huge storm surge that the typhoon is certain to produce. However, typhoon wind strength rises with height, and the higher hills are likely to see even higher winds. The skyscrapers, likewise will sustain at least a lot of damage to glass facings. There hasn't been a direct hit by a Category 5 storm on such a built-up area before, so it's not really known how modern high-rise construction will fare. Landslides could also be a problem on steeper slopes due to the torrential rains expected. Hopefully a well-implemented civil defense/evacuation plan will keep the losses to a minimum.