Taiwan Becomes More than a Tourist Destination for Hong Kong as Beijing Tightens Grip

If confirmed, this is another blow to the Communist Party of China!

"The political and business environments in Hong Kong are deteriorating further as Beijing tightens its grip over the Special Administration Regions (SAR), once the poster child for business innovation and economic vibrancy. Local startups are increasingly looking outside the territory for expanding business opportunities. In a recent poll conducted by a Hong Kong organization, Taiwan has emerged as the top choice for local startup businesses looking for expansion opportunities. Indeed, amid Beijing’s suppression of Hong Kong’s political space, many business enterprises are looking at Taiwan and Southeast Asia as their top two destinations of choice."

The Global Taiwan Brief Volume 5, Issue 8