‘Surely you must be joking, Mr President!’ | Alex Lo

 

US warns companies about doing business in Hong Kong 

Lately I’ve not often agreed with SCMP columnist Alex Lo.  But it today’s piece he’s spot on. Biden warns US businesses about doing busienss in Hong Kong. While that same business in Hong Kong tells him to butt out; his warnings will only harm them, they say.

Some believe Biden is just out to harm Hong Kong. Maybe. The real target is likely China and we’re just collateral damage. 

I give this “The Road to Hell…” tag, though I’m not so sure even the intentions are good.

Meantime.as a matter of fact, multinationals are increasing staffs in Hong Kong as they see it being an increasingly direct route into the Greater Bay Area, the economic bloc of southern China comprising over 90 million and scads of high-tech.