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A fresh breeze from Hong Kong
Filed in archive Global Economy by tj on May 20, 2008
A fresh breeze from Hong Kong
© Andy Hwang



I'm spending the week in Hong Kong helping to build Creative Weblogging's China business. Hong Kong has much in common with Singapore and Bangkok or KL. Hong Kong certainly is a small place where space is really precious.

Hong Kong also tries to redefine its competitive position. It has long been the worlds freest economy but the status as main entry port to China is gone as China itself has invested billions in improving infrastructure and reducing red tape. Hong Kong so far seems to do well - growing handily.

I have met expats and Hong Kong natives in the last days and all have been excited about the prospects and opportunities of China in general and Hong Kong in particular as an Asian Hub. While Hong Kong is small and features some unhealthy level of pollution it is still a great place to live coming from the US or Europe. All the services and chains you need are here and the place is run incredibly efficient. Many great destinations in SE Asia can be reached in a 3 hour flight radius - wonderful beaches in the China Seas or the Indian Ocean or business hubs like Shanghai, Singapore or KL.

So it's easy to share the optimism people express here about the near future especially with awakening dragon (who has not bitten Hong Kong's independent rule so far) just north of Hong Kong islands.

I'll certainly will come back soon.



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Tags: hong  kong  world  freest  free  economy  2007  hong+kong 
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