South China Morning Post (June 3)
2025/ 06/ 05 by jd in Global News
“Hong Kong companies favour markets closer to home and in Southeast Asia to grow their businesses because of higher tariffs and other trade barriers in the US and Europe, according to a survey by HSBC, with many expressing confidence about their expansion plans.” Following the disruption of Trump tariffs, the new pivot is being “supported by Hong Kong and Beijing’s efforts to forge stronger ties with markets in Southeast Asia and the Middle East as US-China trade ties remain tense.”
Tags: Businesses, China, Companies, Confidence, Disruption, Europe, Expansion plans, Hong Kong, HSBC, Markets, Middle East, Pivot, Southeast Asia, Survey, Tariffs, Trade barriers, Trump, U.S.
