The Asia Business Council annual survey of members found business optimism for the year ahead has plunged to the lowest level since the global financial crisis in 2008. The overwhelming reason cited was the U.S.-China trade conflict. Other reasons included concerns about a trade war-induced recession, Japan-South Korea trade disputes, and the impact of Persian …
It is a truism that thriving financial markets need free flow of information. Can Hong Kong prove this truism wrong? By Asia Business Council Executive Director Mark Clifford.
Look for more geopolitical tensions and new technologies to continue a period of great disruption in supply chains, business models, and consumer behavior. By Asia Business Council Executive Director Mark Clifford.
It is unfortunate that North Korea plays with foreign relations–and Korean lives–as if it were just another mass-game spectacle. By Asia Business Council Executive Director Mark Clifford.
David Webb believes in freedom–free markets and free people. He has been an unusually effective fighter for both kinds of freedom in three decades in Hong Kong. By Asia Business Council Executive Director Mark Clifford.
The panic is past. But the pandemic is still with us. Businesses are preparing for a world in which the Covid-19 virus and other pandemic diseases are a recurring feature. What will this new landscape look like? By Asia Business Council Executive Director Mark Clifford.
South Korea has tested a larger percentage of its citizens for COVID-19 than any nation on Earth. Densely packed Hong Kong, despite its proximity to the rest of China, has seen only four novel coronavirus deaths to date. Singapore, long-known for its focus on cleanliness and its police-state mentality, had been doing an exemplary job …
Xi Jinping’s approach highlights how politics has always been in command in China. But nationalistic leaders and web users would do well to remember the losses suffered through extreme political correctness in the Mao era. By Executive Director Mark Clifford.
A more mainland-dominated Hong Kong would threaten the city’s robust regulatory regime, high corporate governance standards, and freedom of the press and information, putting its status as Asia’s financial centre at risk. By Executive Director Mark Clifford.
Hong Kong was branded a ‘dying’ city in the darkest days of the Korean war but rose to the occasion. With a new standoff brewing, it must now bolster the institutions that make it unique. By Asia Business Council Executive Director Mark Clifford.