Hong Kong leader John Lee doubled down on positioning the city as a financial safe haven during a high-stakes conference in Ningbo, Zhejiang Province, 🔥 calling U.S. tariff hikes a “golden opportunity” for global investors to pivot eastward.
“When one door slams shut, others swing wide open,” Lee told business leaders, likening the U.S. trade policies to a “disruption that creates winners”. He emphasized Hong Kong's low taxes, legal transparency, and tech-driven infrastructure as antidotes to market uncertainty. 💡
The remarks come as multinational firms explore alternatives to tariff-affected supply chains. Lee hinted at new incentives for green tech and AI startups, framing it as a “win for Asia”s innovation ecosystem”. 🌏✨
With cross-border collaborations between the Chinese mainland and Hong Kong hitting record levels this quarter, analysts say the city could reclaim its status as the “Switzerland of Asia” – but this time with blockchain and ChatGPT on speed dial. 🚀
