Abstract
The paper explores how Hong Kong’s new status as China’s Special Administrative Region (SAR) may affect the competitiveness of the industries and the relative position of companies owned by non‐Hong Kong investors. The conclusion is that mainland Chinese firms will play an increasingly more important role in Hong Kong’s economy and British firms will lose their dominance further. This does not, however, indicate a return to unequal competition in favor of firms from the sovereign country, but the beginning of a period of greater competition by all firms in Hong Kong, whether they be local or non‐local. There is a risk that governmental and semi‐governmental corporations of the SAR and other Chinese governments may use their official and semi‐official status to tilt the playing field in their favor, but appropriate competition law can address this concern.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
