1. Hong Kong
... (Hung, 2000); it is, therefore, highly reliable on foreign investment. The main key elements of Hong Kong's success as an economic centre are its sound economic fundamentals, mainly: the government's policy of minimum intervention, practices of low taxation, free and fair market competition, orthodox legal and financial framework and a convertible and secure currency (Hung, 2000). Hong Kong is ... external investors; mainly telecommunications, financial services and distribution industries, which are, according to Yam "areas with enormous potential in China". Increased foreign competiti...
- Word Count: 3624
- Approx Pages: 14
- Grade Level: Undergraduate