https://www.scmp.com/rss/265063/feed David R. Meyer is a senior lecturer in management at the Olin Business School at Washington University in St. Louis, Missouri, US. He has published widely on Hong Kong as a global financial centre. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The dynamism of Hong Kong as a global financial centre is palpable. I witnessed this on a trip to Hong Kong late last month when I gave talks on Beijing’s support for Hong Kong and met prominent businessmen. I was not surprised. For over 30 years, I have studied and published on Hong Kong’s status as the leading financial centre of the Asia-Pacific. China’s economic recovery bodes well for another round of growth for Hong Kong’s financial sector. In addition, Beijing’s restructuring of the... https://www.scmp.com/comment/opinion/article/3216213/global-financial-centre-hong-kong-it-should-take-no-more-20-minutes-get-business-meeting?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3216213/global-financial-centre-hong-kong-it-should-take-no-more-20-minutes-get-business-meeting?utm_source=rss_feed Tue, 11 Apr 2023 07:45:08 +0000 Questions about Hong Kong’s viability as the leading financial centre of the Asia-Pacific are back in fashion. Observers recognise that passage of the national security law in 2020 restored peace to the city. Now, alarms are being raised about the ineffective government response to the Covid-19 pandemic. Dissatisfaction has grown over the restrictions and policies that hinder or prevent international business travellers from coming to Hong Kong and locally based people operating in the region.... https://www.scmp.com/comment/opinion/article/3174265/chinas-help-will-keep-hong-kong-beacon-finance-and-prosperity?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3174265/chinas-help-will-keep-hong-kong-beacon-finance-and-prosperity?utm_source=rss_feed Sat, 16 Apr 2022 19:30:12 +0000 The Hong Kong government’s recent proposals to deal with the social, economic and political issues that motivate the protests reveal a leadership running off the track. It is essentially throwing money around in the hope that it sticks and reaches over one million people. What are these proposals? Lower the age threshold for the elderly to enjoy reduced public transport fares, cash allowances for up to three months for low-income workers who lose their jobs or are unemployed, housing subsidies... https://www.scmp.com/comment/opinion/article/3047072/hong-kongs-welfare-failures-are-damning-indictment-government-and?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3047072/hong-kongs-welfare-failures-are-damning-indictment-government-and?utm_source=rss_feed Fri, 24 Jan 2020 01:30:14 +0000 Detractors inside and outside Hong Kong suggest that the current protests will undermine the city as China’s global financial centre. Their arguments run the gamut: political turmoil will hinder the operations of financial firms; China’s possible intervention will make it unfavourable for financial firms to function; China will deliberately dethrone Hong Kong and promote Shenzhen as its global financial centre. The seriousness of the protests cannot be dismissed. For many participants and... https://www.scmp.com/comment/opinion/article/3032011/why-hong-kongs-status-global-financial-centre-perfectly-safe-and?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3032011/why-hong-kongs-status-global-financial-centre-perfectly-safe-and?utm_source=rss_feed Wed, 09 Oct 2019 06:00:11 +0000 Many commentators have argued that the Occupy movement has damaged Hong Kong's status as Asia's leading financial centre. The protests highlight the continued control that China exerts over the electoral process in Hong Kong, even though the steps in this process are set out in the Basic Law. Some see this control as detrimental to the freedom that financiers and their firms require to operate in a leading global centre. The presumed negative consequences of the protests range from bad... https://www.scmp.com/comment/insight-opinion/article/1667728/despite-occupy-protests-hong-kongs-financial-centre-status?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1667728/despite-occupy-protests-hong-kongs-financial-centre-status?utm_source=rss_feed Mon, 22 Dec 2014 06:27:11 +0000