Independent journal on economy and transport policy
19:19 GMT+2
Shanghai nibbling away at SAR traditional roles within region
(South China Morning Post)
February 4, 2002
LOGISTICS
Sandy Li
China Development Institute analysts expect the next five years to see Hong Kong losing ground to Shanghai as an international financial and logistics hub.
Hong Kong is being held back by the high cost of doing business and an expected shortage of skilled labour.
"Hong Kong will have a painful experience if there is no immediate improvement ...... Read more on South China Morning Post
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