Abstract
Hong Kong went through turbulence and uncertainty when social unrest in 2019 became out of control, changing geopolitics triggered by US-China rivalries reshaped the entire business environment, and COVID-19 brought most economic activities to a standstill. Challenges came from all fronts, and at one point of time, observers expected a collapse of this global city. However, Hong Kong responded, as the six contributions in this special issue will show. The effects of the punitive US measures are two-sided. Also, Hong Kong has demonstrated institutional resilience in making strategic response adjustments. It holds on to its status as a highly ranked global financial centre and a business hub. Copyright © 2022 Informa UK Limited.
Original language | English |
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Pages (from-to) | 629-640 |
Journal | Asia Pacific Business Review |
Volume | 28 |
Issue number | 5 |
Early online date | 31 Oct 2022 |
DOIs | |
Publication status | Published - 2022 |
Citation
Lui, T.-L., Oh, I., & Rowley, C. (2022). After the storm: How Hong Kong can hold on to its status as a global business hub in the Asia-Pacific. Asia Pacific Business Review, 28(5), 629-640. doi: 10.1080/13602381.2022.2140515Keywords
- US-China rivalries
- Cold war
- Political embeddedness
- Institutional tenacity