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Our biggest advantage is that we are a trilingual society with a deep understanding of both western and Chinese culture. Although there are many people in the m
by throwaway1997 6y ago
Our biggest advantage is that we are a trilingual society with a deep understanding of both western and Chinese culture. Although there are many people in the mainland who have studied abroad, the ability to understand the needs of Chinese and Western business is definitely not as pervasive. But I agree that HK isn't anywhere as near valuable to China, especially in terms of finance.
- FabHK 6y ago> biggest advantage Plus the rule of law, I'd say. Well, historically.
- dragonwriter 6y agoThat's only dubiously a net advantage, even historically, of HK for the PRC. It's instrumental in some of the business advantages, but it also contributes to it's big political liability for a national regime for which the law is a convenience, not a limitation.
- FabHK 6y agoGood point. I meant advantage for companies (or individuals) to base themselves there (rather than eg in China), not advantage in terms of benefit to China.