since the mainland liberalised its economic system, Hong Kong's shipping industry confronted extreme Opposition from other Chinese ports. Fifty per cent of China's trade products had been routed through Hong Kong in 1997, dropping to about thirteen for each cent by 2015.[226] The territory's minimal taxation, common law method, and civil company entice overseas firms wishing to ascertain a presence in Asia.[226] the town has the next-greatest number of corporate headquarters during the Asia-Pacific area.[227] Hong Kong can be a gateway for overseas immediate investment in China, giving investors open up entry to mainland Chinese marketplaces via direct backlinks With all the Shanghai and Shenzhen stock exchanges.
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