Two systems still exists - major orgs like HK Free Press still publishing as well as TheStrand mentioned in this article. It's merely finally reconciling with the 1country part that was suppose to be principal/take precedence over 2systems, but wasn't due to HK's inability to pass NSL for 20+ years. Have to wait and see how chilling effect recalibrates/normalizes after current phase of crackdown calms, i.e. see if HKFP and co still continues publishing or also get the rope. In which case 2system is truly dead. In the meantime, it's finally 1Country2Systems instead of just 2Systems, which was never tenable.