Security law brings Hong Kong’s future as business hub into question

by The Technical Blogs


The city should not be discounted as an international financial hub, says Kevin Tsui, chief economist at the research firm Orientis. He adds that Hong Kong should make use of its advantages – a simple, low-rate tax system, and the fact that it’s the only Chinese city with no foreign exchange controls. The Hong Kong dollar is also pegged to the US dollar, providing financial stability.


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