Hong Kong: The endangered golden goose ?

Hong Kong – As China’s key offshore financial center, Hong Kong has been playing a unique role in facilitating Mainland China’s integration with the global economy since the opening up of its market in the late 1970s. However, the trade war between China and the U.S., as well as local political tensions, has threatened such role.

How could Hong Kong maintain its position as an effective and reliable bridge between China and the rest of the world? Why should Hong Kong aspire to play even bigger roles in the global trade, finance, and monetary systems? In what ways would the Greater Bay Area plan help solve some of Hong Kong’s key structural bottlenecks? Are there any policies and strategies which would work under the “one country, two systems” principle so as to bring more benefits to both Mainland China and Hong Kong?

As such, the Hong Kong General Chamber of Commerce has invited Geng Xiao, the founding President of Hong Kong Institution for International Finance, to share his insight at the roundtable luncheon to be held on 29 October. Xiao is also Professor of Practice at Peking University HSBC Business School and Director of Research Institute of Maritime Silk-road at Peking University.

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