Your monthly update on what’s happening in key international markets.
The view from China
Will Hong Kong bounce back?
The start of July marked the 25th anniversary of the handover of Hong Kong by the UK to China. To mark the occasion, Xi Jinping made his first visit out of mainland China in more than two years.
There has been plenty of discussion throughout the month regarding Hong Kong’s ability to attract foreign business. Moreover, it has struggled to regain its position as the premier gateway to China following a disastrous Covid outbreak in the spring and the passing of a draconian National Security Law on 30 June 2020.
Is Hong Kong already ‘just another Chinese city’ or will it bounce back? If the exodus of senior executives (both international and Chinese) to Singapore is anything to go by then it already has plenty of catching up to do.
Indeed, in terms of press freedom, it has also fa