Hong Kong Supports European Business Linkages Amid Trade Tensions

Amid escalating US-China trade tensions, European business chambers are increasingly seeking collaboration opportunities in Qianhai, a special economic zone in Shenzhen near Hong Kong, with Hong Kong playing a key role in providing financing support and assisting tech firms in exporting products overseas. The US-China trade war has driven various European chambers, including those from the UK, France, and Sweden, to actively engage with Qianhai, as the region offers alternative sources for goods and new market options. Additionally, efforts to improve regional connectivity are underway, with Guangdong officials pledging support for new railways near Hong Kong’s border. These developments highlight Hong Kong’s growing importance as an international business hub and connector amid shifting geopolitical landscapes.