News Item
Taipei Times featured Dyson Professor Joseph Tse-hei Lee's piece "HK looks to catch up with Taiwan"
The COVID-19 pandemic has created a new context for widespread protectionism in international trade, reinforcing the tendency to move away from a laissez-faire business model to a slightly more state-managed economy.
For months, the US-China diplomatic stalemate has left Hong Kong’s top officials confused, powerless and indecisive.
Hong Kong Chief Executive Carrie Lam’s (林鄭月娥) reaction to the bilateral rivalries was not her finest hour.
Geopolitical complexities make it impossible for the territory to look ahead in a deeply polarized landscape. In addition, health is taking precedence over wealth.
In a post-COVID era, many national leaders are skeptical of laissez-faire as the necessary path toward prosperity.
Although trade barriers are nothing new to Hong Kong, it cannot remain neutral and is becoming an incidental casualty amid worsening US-China relations.
In this volatile environment, Hong Kong officials and business leaders are hoping to use the trade diplomacy mechanism to get the best deals.
