The American Chamber of Commerce (AmCham) has stated in an exclusive interview with the Post that Hong Kong and Shanghai are not simply rivals but represent a crucial strategic partnership. The former acting as a vital intermediary for Western investment flowing into China, while Shanghai serves as the mainland’s leading financial center. The AmCham highlighted Hong Kong’s continued importance in facilitating these connections. The chamber emphasized the region’s role in supporting global commerce and investment, noting its continued significance as a key conduit for economic activity. It further indicated no direct competition with Shanghai’s position.
Credits: News – South China Morning Post
