South China Morning Post on Nostr: The history of British firms still matters ========== Xia Baolong, Beijing's top ...
The history of British firms still matters
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Xia Baolong, Beijing's top official for Hong Kong, met with Jardine Matheson and HSBC executives in October 2024; meetings aimed to enhance Hong Kong's image to overseas investors; Li Cheng from the University of Hong Kong notes these meetings are a response to US pressure; Xia emphasized the importance of Jardine's role in understanding Hong Kong; HSBC was urged to support national development; foreign firms' regional headquarters in Hong Kong fell by 12% from 2019 to 2023; US firms decreased by 26 to 214, UK firms by 19 to 115; the history of British firms reflects Hong Kong's resilience amidst geopolitical tensions.
#HongKong #BritishFirms #XiaBaolong #JardineMatheson #Hsbc #UschinaRelations #ForeignInvestment #Geopolitics #Economy #Business
https://www.scmp.com/opinion/comment/article/3285029/history-british-firms-still-matters
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Xia Baolong, Beijing's top official for Hong Kong, met with Jardine Matheson and HSBC executives in October 2024; meetings aimed to enhance Hong Kong's image to overseas investors; Li Cheng from the University of Hong Kong notes these meetings are a response to US pressure; Xia emphasized the importance of Jardine's role in understanding Hong Kong; HSBC was urged to support national development; foreign firms' regional headquarters in Hong Kong fell by 12% from 2019 to 2023; US firms decreased by 26 to 214, UK firms by 19 to 115; the history of British firms reflects Hong Kong's resilience amidst geopolitical tensions.
#HongKong #BritishFirms #XiaBaolong #JardineMatheson #Hsbc #UschinaRelations #ForeignInvestment #Geopolitics #Economy #Business
https://www.scmp.com/opinion/comment/article/3285029/history-british-firms-still-matters