January 1, 1998

Optimism outweighs fears for Hong Kong growth

The July 1, 1997 “handover” that transferred Hong Kong back to Communist China after a century of British rule has many important implications to investors and exporters wanting to do business in Asia.

Perhaps most notable is Hong Kong’s increasing role as a focal point for entry of products into mainland China. Experts agree, however, that new challenges will be inevitable as Hong Kong settles into its new position.

There are two key documents that protect Hong Kong’s right to keep its capitalist economy and local autonomy within the…

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