What Does The Look Like For Hong Kong?
James Hartland
Founder of Astra Worldwide | Helping Expats to Thrive Financially In The New Normal - Trusted, Personal Expat Life Coach
The last few weeks seem to indicate another significant turning point in the history of HK. There is no doubt that as has happened before when HK was handed back to China many who are able will be seriously considering their future in HK.
When you look around Asia and see how China is becoming more belligerent with regard to bullying its neighbours, it is hard to be positive about the future of HK. If you believe that actions are more likely to help you see into the future than the words that come from China the omens do not look positive.
In the Philippines which is supposed to be on friendly terms with China, the Chinese are openly seizing islands the Philippines owns and creating new ones to further increase its presence in the region. Chinese ships have frequently rammed Filipino boats in these seas sinking them and leaving their crew to die in the sea.
These actions are clearly condoned by the authorities in China and these instances are increasing despite China giving the impression it is trying to help its Asian neighbours. These actions and the way we know China clamps down on any kind of dissent will likely show us what the future of HK is going to be like.
If we imagine what HK could look like in five years this will help us understand how these changes may impact business and investing in HK. If we assume that HK loses its current status in the world as a trading hub and centre of business it will likely just become another major city in China with a historic past.
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