‘Do We Need to Be in Hong Kong?’ Global Companies Are Eying the Exits – The Wall Street Journal
Apprehensive about Hong Kongs future as the best place to do business in China and beyond, multinational firms are pulling up stakes, adding to uncertainty about the outlook for one of the worlds premier commercial cities.
Buffeted by political upheaval, an authoritarian crackdown by mainland China and the pandemic, global companies and professionals are heading to rival business cities such as Singapore, and to Shanghai, the Chinese commercial hub some see as a better place to profit from the nations…