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Hong Kong’s Future to Be ‘Entirely’ Dependent on China’s Economy

Bloomberg Markets and Finance by Bloomberg Markets and Finance
July 21, 2022
in Business
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Hong Kong’s Future to Be ‘Entirely’ Dependent on China’s Economy
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Richard Harris, chief executive officer of Port Shelter Investment Management, discusses the outlook for the Chinese economy. He also talks about the prospects for Hong Kong as the city marks its 25th anniversary of Chinese rule. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”

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Tags: Bloombergbreaking newsbusiness and financial newsbusiness and financial news todaybusiness news todaybusiness news usa todayChinasDependenteconomyforex news todayFutureglobal financial crisisglobal financial newsHongKongslatest news todaynews todaystock market news todayworld news
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Comments 20

  1. Heff Dvidgd says:
    3 years ago

    HK has always been mostly depending on China’s anyway…

  2. Bernard Stipp says:
    3 years ago

    I'm done sitting tight for the award advance since i acquire $23,000 every 12 days from my investment.

  3. قضايا و اراء says:
    3 years ago

    Россия и Китай отдают приоритет российским и китайским гражданам, потому что Россия может выиграть для России, но победа для российских граждан является самым тяжелым испытанием для России, и здесь есть большие неизбежные риски.

  4. Zsari Maxim says:
    3 years ago

    Recall the Asian financial crisis.

  5. Nathalie Kent says:
    3 years ago

    The FED has lost it and the sad fact is, it's pretty obvious we are headed for hyperinflation. I think stores better have tight security because when people can't afford to feed their families, things might get ugly.

  6. Sean Yun says:
    3 years ago

    HEY BLOOMBERG H.K AS A VIEWER OF BLOOMBERG TV, BROADCAST ECONOMIC STUFFS WHY KEEP SHOWING ABOUT CHINA + H.K ONLY FOR HOURS??? DISGUSTING STOP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WHO CARES ABOUT CHINA H.K!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! STOP STOP STOP AND SHOW US REGULAR ECONOMIC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  7. Sean Yun says:
    3 years ago

    LISTEN AND LOOK AT THE REALITY!!!!!!!!!!!!!!!!!!!!!! NOW NOBODY IN THE WORLD IS INTERESTED IN H.K, JUST ONE OF POOR CITIES OF CHINA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  8. Sean Yun says:
    3 years ago

    AGAIN AND AGAIN AS I'VE SAID MANY TIMES THAT CHINA + H.K WILL NEVER REOPEN EVEN AFTER 2030,THAT'S WHY I'VE SAID MANY TIMES SINCE 3RD Q OF 2021 ———- > SELL OFF CHINA YUAN H.K$ BITCOIN STOCKS BONDS US$ EURO EVERYTHING RELATED WITH CHINA + REAL ESTATE SECTOR AND BUY GOLD + OIL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)

  9. Sean Yun says:
    3 years ago

    NOW NOONE IN THE FINANCIAL MARKET CONSIDERS H.K AS A FINANCIAL HUB NOR AN IMPORTANT CITY, SO STOP STOP STOP KEEP SHOWING SAME CHINA H.K STUFFS!!!!!!!!!!!!!!!!!!

  10. Sean Yun says:
    3 years ago

    BLOO,MBERG H.K PEOPLE YOU ARE BEING TRAPPED BY SO CALLED 'THE DILEMMA OF PRISONERS' IN TERMS OF PSYCHOLOGY !!!!!!!!!!!!!!!!!!!!!!!!!!

  11. Sean Yun says:
    3 years ago

    LET ME TELL YOU ONE CLEAR FACT THAT THE BEST WAY TO RESIST CHINA GOVERNMENT IS TO MOVE OUT OF H.K!!!!!!!!!!!!!!!!!!!! THEY ARE ALL CONNECTED SO NO MEANING TO TALK ABOUT H.K WHATEVER AGAIN AGAIN AS I'VE SAID MANY TIMES ——— > CHINA + H.K ECONOMY IS END!!!!!!!!!!!!!!!!!!!!! UNDERSTAND? 'END IS END' !!!!!!!!!!!!!!!!!!!!!!!!!

  12. Last Chang says:
    3 years ago

    Destroying HK was not enough, Xi "The Terrible" also sank the iconic boat of the city.

  13. Beijing Genocide Olympic - 2022 says:
    3 years ago

    My condolences to the millions of Hong kongers 🇭🇰 who lost their land, voting rights and freedom of speech after being
    – brutally suppressed by the police and
    – lied to by the Chinese regime's promise to keep their Hong Kong as is until 2047.

  14. h l says:
    3 years ago

    Outsider always like to BS things they have NO stake in… ie; north island , Scotland must go independent with weapons and destructions if necessary.

  15. HELPME100 says:
    3 years ago

    Sad! And unfortunate video, countries should be sharing information and resources not dependent on China

  16. Orbital Cooker says:
    3 years ago

    Bill Gates made a nice video showing Hong Kong will bankrupt itself running air conditioners. Unsustainable

  17. Hung Tran says:
    3 years ago

    🚨Pearl Harbor, Japan killed 24,000 Americans and Japanese were punished.And now,with the Wuhan biological weapons, the Chinese Communist Party killed 1,100,000 Americans, killed 6,400,000 people around the world, and caused trillions of dollars in damage.The CCP threatens to seriously expand the World Military and Economy. In 1950, the CCP invaded Tibet States and suppressed strongly. The CCP invaded the Uyghur East Turkestan State and the CCP called Xinjiang. The CCP makes the indigenous population in: Tibet, Xinjiang, Hui Ningxia, Guangxi, Inner Mongolia severely reduced.CCP genocide for human organs. Help the East Turkestan State, State of Tibet … escape the invasion of the CCP zombies. CCP zombies seriously threaten to invade and expand the Sea East, East China Sea, Taiwan, India, … CCP invaded 200 nautical miles of many countries to exploit seafood. The CCP Supports Pakistan to fight India, support Iran, Korea, … to fight the Americans and the Allies. The CCP threatens to expand 'global supply chain' and to expand Military, threatening 'debt trap expansion with many countries'. The CCP brutally persecuted, imprisoned and killed people in Hong Kong, Xinjiang, Tibet, … Over the past 30 years, the CCP has stolen technology, copyright, and confidential information through Huawei, ZTE, … and Chinese people living abroad. The CCP 'drinks all the water of the Mekong River in the dry season and floods downstream in the rainy season. The CCP has invaded and seriously threatened 'border invasion' of 13 neighboring States. The CCP invades the Economy of many countries: '' by people of Chinese descent who live and naturalize in our Country. They hold many important companies and hold 60-80% of the Economy of many Countries.The United States, the Allies, the United Nations, International Law, WTO and International must immediately remove the CCP's zombies. CCP zombies must be severely punished.If We help ‘The CCP's genocide, brutality, stealing, expansion’ regime continue to exist, then We will kill ourselves.🇺🇸🇪🇺🇯🇵🇬🇧🇫🇷🇩🇪🇦🇺🇮🇳🇨🇦

  18. S W says:
    3 years ago

    So what? Food, water, security, energy, everything you can imagine for HK's economy depend on China. It's lucky that HK depends on China. See what a crappy country the UK is now?

  19. Screen Apple says:
    3 years ago

    A number of ex-pat companies were forced to close down factories and businesses in china and hong kong. What happened? Different doctrine application. For example, communism doesn't literally mean free market. China's efforts to reduce its dependency on Western and Overseas technologies. Capitalism is a free market.

  20. R M says:
    3 years ago

    Come on Britain 🇬🇧!!!
    It is Britain 🇬🇧 responsibility to keep Hong Kong free!!! Not all to US🇺🇸 ,Japan 🇯🇵 and Australia 🇦🇺 job…

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