Stora tråden om Kina

June 2020, when at least 24 soldiers died in violent hand-to-hand combat,

För 2 år sedan stupade 24 soldater i militär sammandrabbning mellan de två länderna.

Despite the impact of an approaching tropical storm, hundreds of financial leaders including Wall Street titans gathered on Wednesday at the Four Seasons hotel in Hong Kong for its biggest international event in years with a clear message delivered to the world - the city's role as a global financial hub remains steadier and the city is embracing a bright future with full confidence.
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Still, some Western media and observers, with a consistent sour grapes mentality, hyped the absence of a very few top bankers, while some US lawmakers urged top American bankers to cancel their attendance, citing so-called rights abuses. Such a large-scale gathering of global financial leaders such as Goldman Sachs' chairman and CEO David Solomon, Morgan Stanley's chairman and CEO James Gorman and Blackstone's CFO Michael Chae served as a strong rebuttal to the hype and bad-mouthing of the city's status, as the long-term benefits these multinational institutions and Wall Street chiefs can gain from Hong Kong as a global financial hub and from the huge Chinese market through the city remain unchanged, observers and industry representatives said. American business elites are not likely to give up on these long-term growth interests to yield to political pressure.
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"Don't bet against China," Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said in a video address to more than 200 top financial leaders at the summit, reiterating that China's opening can only become "bigger and bigger" going forward, according to media reports.

"I deal with international investors quite a lot in my daily work and I'm afraid some of them have read too much [of] the international media reports about events in China," Fang said, who also got a big laugh from the audience, media reported.

"Let me put it this way, they really don't understand China very well and they have a short-term focus. I would advise the international investors to find out what's really going on in China and what's the real intention of our government by themselves," Fang was quoted as saying in the reports.
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A number of senior officials from Chinese financial institutions including Yi Gang, governor of the People's Bank of China, Fang Xinghai, and Xiao Yuanqi, vice-chairman of the China Banking and Insurance Regulatory Commission, attended the summit, where they addressed the position of the country and of the city amid growing global economic headwinds.

Nearly half of foreign businesses in Hong Kong are planning to relocate

Fighting an exodus, Hong Kong faces a tough task to lure back young people
New visas and other measures aim to entice people after 140,000 workers fled Hong Kong amid a security crackdown

Hong Kong has seen an exodus of workers since a national security law was introduced in 2020. The erosion of social and political freedoms, due to the security crackdown and tighter digital surveillance that began during Covid-19 pandemic, have coincided with the city’s workforce shrinking by about 140,000 people in the past two years.