Hong Kong Best Place To Do Business In Asia

19 Dec 2012

By its location and political engagement with Mainland China, Hong Kong has emerged as the best market for business opportunities in Asia. Hong Kong in fact is the buffer for the People's Republic of China in its imports and exports. Hong Kong is the conduit through which China strikes its massive business deals.

It's an open secret that China is hungry for minerals and raw materials for the quick moving goods that it produces and manufactures. Just in case of any inconvenience in the free flow of goods and minerals,  the Hong Kong side of China comes into play. Hong Kong being a former British colony helps China foster deals, which would not have been possible otherwise. Allied countries such as Australia, New Zealand and many African nations with rich minerals at their disposal are being charmed by Hong Kong because of its UK, China connections. The beneficiary, however, is China. Meanwhile, Hong Kong is the place where East meets West or the Orient meets the Occident.

A study in this regard done in Australia was conducted according to many metrics. Hong Kong did not top in all the metrics, whereas New Zealand emerged tops in many. But the fact that transparent New Zealand is comparatively small economy vis-a-vis China, Hong Kong takes the honors as the best place to do business in Asia by the sheer size of People's Republic that's actually striking the deals.

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