AmCham Statement on Business Environment in Hong Kong
Hong Kong – July 16, 2021 – The American Chamber of Commerce in Hong Kong (“AmCham”) has been operating and thriving in Hong Kong for over 50 years. Our 1,400 members represent business sectors ranging from financial services to law to logistics and real estate. We have long been operating in Hong Kong, China and greater Asia and believe that this city has a crucial role to play as an international business hub.
AmCham is well aware of an increasingly complicated geopolitical environment and its risks; particularly those which have evolved in recent years. The environment is more complex and challenging. We are here to support our members to navigate those challenges and risks while also capturing the opportunities of doing business in this region. Hong Kong remains a critical and vibrant facilitator of trade and financial flow between the East and West. Hong Kong has one of the best developed infrastructures in Asia, it has an internationally recognized system of commercial law, it has a more open and sophisticated digital infrastructure than many of its Asian peers. Its financial market is among the top five in the world.
For these reasons, we believe it is important, perhaps more than ever, for AmCham to represent American businesses and to constructively work with our public and private stakeholders to build a Hong Kong for the future. AmCham has just purchased a new site in Central 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.
Queenie Tsui (Ms.)
Director, Communications & Government Affairs