• Author / Uploaded
• Daniel Rice

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Hong Kong

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Hong Kong is strategically located within five hours flight time from anywhere in Asia Hong Kong International Airport at Chek Lap Kok links Hong Kong to 130 cities worldwide by some 3,500 passenger flights and 400 cargo flights weekly Hong Kong is a free port with no trade license or tariff on most general merchandise to be exhibited

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World-class transportation system and an excellent supporting infrastructure Compared to Singapore closer to China Flexible, educated & highly motivated workforce Free access to information Simple low tax regime

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Visitors perceive Hong Kong as an expensive place to visit Deteriorating environment High cost (especially housing)

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With China’s entry into WTO, Hong Kong trade fairs and conventions are expected to become an important focal point for Mainland Chinese and international businessman seeking joint venture partners and business opportunities in China With the opening of Hong Kong Disneyland in 2005, Hong Kong is expected to become an even greater draw for international visitors combining business and leisure in one trip

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Hong Kong's largest export markets are mainland China, the United States, and Japan Increased use of LNG

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There are serious competitions from Mainland China - As Mainland China is clearly cheaper than Hong Kong Chinese influence over foreign & defense policies Possible change in policies after 2047 Environmental issues related to pollution, less arable land