Hong Kong is one of Asia's most fashionable cities. It's expensive; flashy; crowded. It houses superior talents, extreme weather, and overcrowding. But these are mere symptoms of the attraction Hong Kong offers so many. If you read the rankings awarded to Hong Kong, you might think the former city-state was contending for world's top jurisdiction in just about everything:
Economics – In 2011, Hong Kong was named the freest economy in the world for the 16th consecutive year. Finance – Hong Kong placed 3rd-largest receiver of FDI in 2010. Politics – Out of 173 jurisdictions assessed, Hong Kong's government was perceived as 13th-least corrupt in the world. Government – Measuring business regulations, Hong Kong is the world's 2nd-easiest place to do business, following Singapore. Society – Hong Kong "very high" on the Human Development Index, at 21st place in 2011. Infrastructure – Hong Kong International Airport was named ‘the world's best airport' in 2011, by the World Airport Awards. Property – In 2011,The Economistnamed Hong Kong housing the most overvalued in the world, while Forbes named Hong Kong office property as the world's most expensive.The preceding list is by no means exhaustive!
What makes Hong Kong rank so high?
Hong Kong's inception as a trading port created its international reputation as the point where ‘East meets West'. It has been a multicultural jurisdiction for over 150 years, and has developed an autonomous government, legal code,hk company registration, and economy, adapted from the British system. As a leading global financial centre, the forms of capitalism and free market economy practiced in Hong Kong are comfortable for Western investors, making it easier to entice and accept FDI.? A Western business environment at the doorstep of the developing Chinese economy, this ‘gateway to China' packs a powerful punch for attracting businesses and investors.
Hong Kong's cornerstone of growth has been entrepreneurs undertaking Hong Kong company f