'Trade war may force HK firms out of mainland' - RTHK
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'Trade war may force HK firms out of mainland'

2018-08-08 HKT 18:17
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  • 'Trade war may force HK firms out of mainland'
The Chinese General Chamber of Commerce said on Wednesday that some Hong Kong businesses are considering moving their factories from the mainland back to the SAR, or to Southeast Asia, in light of the growing trade war between China and the US.

But the chamber's chairman, Jonathan Choi, said since such relocations would involve a lot of money, and no one knows how long the trade war will last, none of its members have moved yet.

He also called on the Hong Kong government to provide loans to companies which have set up factories on the mainland and are now caught up in the trade spat.