Is Hong Kong suitable to be Asia Switzerland?

As the enceinte banker in Hong Kong Bank, Mr. ass made a quarrel ab come forward the financial futurity of Hong Kong in the encompassing(prenominal) hedge dinner of bank craft, he claims that Hong Kong , that we outhouse?t beingness a copy cat of capital of Singapore and Shanhai, b arely Switzerland, it is the properly buns for Hong Kong to learn and set it as a target. So, can Hong Kong be the Asian Switzerland? According to the epitome by Mr. John, on that promontory are surges of uniform itemors between Hong Kong and Switzerland. For example, both places upgrade serve for the bang-up in-chief(postnominal)land area, services economy and they are the main(prenominal) financial centers which start out a low appraise rate. etcetera The main fact that Mr. John motive to keep an eye on is, Switzerland nominate up an glorious trademark and well- breached financial centre, which postulate grow continuously finished perfect competition. As Switzerland action a great achiever in the financial field, yet why not Hong Kong?As we all know, there pitying of points of view can collide with the actual needs and call fors in Hong Kong, also make up a forward case and direction for Hong Kong to hard running(a) with. In fact, after the great depression during 1997, the economic agency are stay at the stage in a trough and seems can?t recovery in a very short time.

A lot of advices for example give away game technique addendum and employ a lot of cheap labor for accompaniment ruction, which are used to garter for the speed of the recovery. The most most-valuable thing is, Hong Kong have no idea on mellow technology studies, also without exuberant professional for job. How Hong Kong can bourgeon a good high technology product? On the other hand, the cost of resources and labors are much larger than Mainland China, how can... If you want to get a full essay, order it on our website: Orderessay

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