{"title":"After the storm: how Hong Kong can hold on to its status as a global business hub in the Asia-Pacific","authors":"T. Lui, I. Oh, C. Rowley","doi":"10.1080/13602381.2022.2140515","DOIUrl":null,"url":null,"abstract":"ABSTRACT Hong Kong went through turbulence and uncertainty when social unrest in 2019 became out of control, changing geopolitics triggered by US-China rivalries reshaped the entire business environment, and COVID-19 brought most economic activities to a standstill. Challenges came from all fronts, and at one point of time, observers expected a collapse of this global city. However, Hong Kong responded, as the six contributions in this special issue will show. The effects of the punitive US measures are two-sided. Also, Hong Kong has demonstrated institutional resilience in making strategic response adjustments. It holds on to its status as a highly ranked global financial centre and a business hub.","PeriodicalId":47156,"journal":{"name":"Asia Pacific Business Review","volume":"31 1","pages":"629 - 640"},"PeriodicalIF":2.0000,"publicationDate":"2022-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asia Pacific Business Review","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1080/13602381.2022.2140515","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
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Abstract
ABSTRACT Hong Kong went through turbulence and uncertainty when social unrest in 2019 became out of control, changing geopolitics triggered by US-China rivalries reshaped the entire business environment, and COVID-19 brought most economic activities to a standstill. Challenges came from all fronts, and at one point of time, observers expected a collapse of this global city. However, Hong Kong responded, as the six contributions in this special issue will show. The effects of the punitive US measures are two-sided. Also, Hong Kong has demonstrated institutional resilience in making strategic response adjustments. It holds on to its status as a highly ranked global financial centre and a business hub.
期刊介绍：
The growth of the Asia Pacific region and the rising presence of its multinationals in world markets has raised a number of questions about the origins of national economic success. Asia Pacific Business Review addresses these key issues and draws together the lessons of the analysis of culture, economies, history, politics and societies in the area, in order to explore business-related phenomena in the Asia Pacific countries, both in their general and specific contexts. The Review is intended for both academics and interested observers, contains the contributions of recognized experts, and is essential to anyone seeking the latest research on Asia Pacific business in a readily available, approachable form. We welcome articles which deal with nations and societies in the Asia Pacific region, namely those in East Asia and South-East Asia (but not South Asia), including those in APEC and ASEAN, individually or comparatively. Of interest also are contributions on the Asia Pacific economies, comparing those inside with those outside, or those investing in it. We do not, however, publish papers based solely on countries from outside the region.
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