Having spent 24 hours now, working my way around Hong Kong and Kowloon, I am impressed. And not just by the scale of development I have seen everywhere.
Speaking to people in business, Hong Kong appears to be a very positive place to work from. Regulation is relatively light, taxes are low and the proximity of mainland China make it an attractive proposition. And even though HK is now part of the Peoples Republic of China, capitalism is the order of the day.
This is epitomised by the view of Donald Tsang, Hong Kong's Chief Executive. The continued boom in China, he says, has aided and abetted Hong Kong's economic surge. By adopting the 'one country, two systems' model, Hong Kong is able to continue to operate as an advanced capitalist state, albeit within the socialist Peoples Republic.
This afternoon, I have my meeting at the NZ High Commission. It will enable me to find out practical support NZTE can offer Pingar in the future. As part of the follow-up process, I will be visiting here again on the return trip to NZ from the UK. On the basis of the feedback in the first 24 hours, I will be back.
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