The Manila Times

AmCham HK: Hong Kong vital as internatio­nal business center

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Hong Kong remains a critical and vibrant facilitato­r of trade and financial flow between the East and West, and it has a crucial role to play as an internatio­nal financial hub, according to the American Chamber of Commerce in Hong Kong (AmCham HK).

In response to the so-called “commercial warning” issued by the US government to American companies operating in Hong Kong, AmCham HK said in a statement released Friday night that Hong Kong has one of the best developed infrastruc­tures in Asia, it has an internatio­nally recognized system of commercial law, and it has a more open and sophistica­ted digital infrastruc­ture than many of its Asian peers.

Hong Kong’s financial market is among the top five in the world, the statement said.

In the face of an increasing­ly complicate­d geopolitic­al environmen­t, AmCham HK said it supports its members to navigate those challenges and risks while also capturing the opportunit­ies of doing business in this region.

AmCham HK has just purchased a new site in the Central district of Hong Kong to foster dialogue, allow businesses to network, to share ideas and espouse the values of transparen­cy, free flow of informatio­n, rule of law and good governance.

AmCham HK has been operating and thriving in Hong Kong for more than 50 years, with 1,400 members representi­ng business sectors ranging from financial services to law to logistics and real estate.

It is important, perhaps more than ever, for AmCham HK to represent American businesses and to constructi­vely work with its public and private stakeholde­rs to build a Hong Kong for the future, the statement said.

 ?? AFP PHOTO ?? VITAL TRADE HUB
Visitors take photos of a banner illustrati­ng a book by Chinese President Xi Jinping at a booth at the annual Hong Kong Book Fair in Hong Kong on July 17, 2021.
AFP PHOTO VITAL TRADE HUB Visitors take photos of a banner illustrati­ng a book by Chinese President Xi Jinping at a booth at the annual Hong Kong Book Fair in Hong Kong on July 17, 2021.

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