Hong Kong and China’s Next Five Years of Development: A Keynote Address by The Honorable Donald Tsang

The United States and Hong Kong have long enjoyed close and mutually beneficial economic ties. This commercial relationship has grown considerably over the past decade, with a 65% increase in U.S. companies based in Hong Kong during that time. In 2010 alone, U.S. merchandise exports to Hong Kong amounted to $27 billion, creating the largest U.S. trade surplus with any single partner that year. Beyond the bilateral relationship, Hong Kong will play a unique and pivotal role in the ongoing market reforms in Mainland China, a process that undeniably will affect the U.S. economic recovery and job creation in the years to come.

On November 9th, the John L. Thornton China Center and the Center for Northeast Asian Policy Studies at Brookings, along with the Hong Kong Economic and Trade Office, hosted The Honorable Donald Tsang, Chief Executive of the Hong Kong Special Administrative Region, for a keynote speech on the benefits of strengthened trade and investment relations between Hong Kong and the United States.