Hong kong, a tax haven essential for China

A time hong Kong has failed to find himself on the black list of tax havens. The european Union has withdrawn under the pressure of China, which was still in di

Hong kong, a tax haven essential for China

A time hong Kong has failed to find himself on the black list of tax havens. The european Union has withdrawn under the pressure of China, which was still in dire need of the former british colony: 60 % of foreign investments in china are structured in hong Kong. On-site, an ecosystem of highly efficient offers on a few square miles of the best bankers of the affairs of the world, lawyers, financial advisors and third largest stock market in the world. Services account for 92 % of the GDP of hong Kong with a per capita wealth almost two times higher than in France.

hong Kong's economy the most open in the world and ranks just behind the United States in terms of foreign direct investment. "If you want to invest in China, come first to hong Kong," says a French businessman. 450 companies led by French or with French capital are located in hong Kong, where there is also 307 ...

Updated Date: 17 August 2019, 00:00

Kathleen Lees

Lees


Contact Details

You need to login to comment.

Please register or login.

RELATED NEWS