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Hong Kong Action
January 17th, 2013
Hong Kong is now part of China (as it also was until it was ceded to the Britains in 1842). It is still not considered to be part of mainland China but is a Special Administrative Region. Some obvious differences are that people drive on the left side and that the currency is the Hong Kong dollar. For western companies interested to set up shop in China, Hong Kong can be an attractive location. English is widely spoken and it is easy to register a company and to transfer money across the boarder. Hong Kong can also be a stepping stone to further investment in mainland China.
Related readings
Business Opportunities in Hong Kong for Swedish Companies Hong Kong is known as a strategic international business hub, and is regarded as the “stepping stone” to the mainland of China. The city is often related as “Tax Heaven”, “Free-trade zone”, “Efficient logistic system”, etc. Many international companies have their presences in Hong Kong […]
Hong Kong is turning greener Hong Kong is a small country with 7 million inhabitants and much traffic. Notably in the city itself, the air quality may suffer. Now, the new Chief Executive Mr C Y Lueng gave a policy address on January 16. One of the topics addressed was the environment. In an effort to remove 80,000 […]