economy - No China rush after CEPA
Hong Kong companies are not rushing into China, after the free-trade agreement CEPA got into place, Dow Jones reports.
"Yet the free-trade side of the deal added comparatively little to what China already has done, or promised to do, for all countries as part of its entry into the World Trade Organization. Far from being a new "back door" that would allow foreign multinationals to route big new investments through Hong Kong, CEPA is turning out to be attractive mainly to smaller firms, with interest concentrated in just a couple of sectors," comments the newswire.
0 comments:
Post a Comment