US-China storm blunts HK competitive edge - News Summed Up

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US-China storm blunts HK competitive edge


A man walks with his child past a view of commercial buildings in Hong Kong on Thursday. "(US) acts are hypocritical and will certainly cause very serious damage to American companies and citizens," Hong Kong's government said. Given the huge international investments in Hong Kong, few are predicting a sudden capital flight. "It will take time and processes will be run before decisions will be made and implemented by multi-nationals with Hong Kong operations," Tsang said. "It must raise questions in the minds of international business people as to whether Hong Kong still offers an edge over a competitive mainland city."


Source: Bangkok Post July 17, 2020 09:00 UTC



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