After the storm: how Hong Kong can hold on to its status as a global business hub in the Asia-Pacific
Tai-lok Lui,
Ingyu Oh and
Chris Rowley
Asia Pacific Business Review, 2022, vol. 28, issue 5, 629-640
Abstract:
Hong Kong went through turbulence and uncertainty when social unrest in 2019 became out of control, changing geopolitics triggered by US-China rivalries reshaped the entire business environment, and COVID-19 brought most economic activities to a standstill. Challenges came from all fronts, and at one point of time, observers expected a collapse of this global city. However, Hong Kong responded, as the six contributions in this special issue will show. The effects of the punitive US measures are two-sided. Also, Hong Kong has demonstrated institutional resilience in making strategic response adjustments. It holds on to its status as a highly ranked global financial centre and a business hub.
Date: 2022
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DOI: 10.1080/13602381.2022.2140515
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