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Perfectly positioned?

Hong Kong offers many benefits as a starting place for your firm to expand into the Asia Pacific region, says Matthew White

29 February 2016

In 1997 the UK handed over control of Hong Kong to The People's Republic of China, and Hong Kong became a Special Administrative Region of China.
This established the position of 'one country, two systems' by allowing Hong Kong to retain a significant degree of autonomy for a period of at least fifty years. The basis of law and doing business has remained unchanged from British rule with the exception of matters relating to security.

With this background, Hong Kong has continued to be a primary location for large corporate headquarters from all over the globe looking to expand in the region. In 2014, GDP grew by 2.3 per cent to US$287.9 billion. The forecast growth for 2015 is within a range of 1 per cent to 3 per cent, which shows the level of uncertainty within the forecasting, and is very dependent on the wider global economy.

Hong Kong has shown continued grow...

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