May 21, 2024

Hong Kong and China to explore business opportunities in the Middle East

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Corporate & Securities partners Hannah Ha and Allison Lee (both Hong Kong) are quoted in three articles in the Hong Kong Economic Times discussing business opportunities between China and the Middle East.

Hannah said that China and the Middle East have strengthened their cooperation in recent years. Energy, trade, and infrastructure are the traditional key areas of cooperation between the two regions. Meanwhile, the Middle East's rapid restructuring in recent years to establish a more diversified economic structure aligns strongly with China's "One Belt, One Road" initiative.

Allison said that expanding cooperation between China and the Middle East is an undoubted trend, and Hong Kong, as an international financial center, could play a crucial role as a 'super-connector' between China and the Middle East. She added that Hong Kong has a large number of ESG funds, issuing more than a third of Asia's green and sustainable bonds, which are suitable for the Middle East's economic and industrial transformation.

The other two articles can be read here: https://lnkd.in/g2cFeZJ7 and https://lnkd.in/gp-tgT4w.

 

 

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