Full Topic Map

Views: List of Points Pros and Cons Slideshow

Tools:  Essay Planner Presentation PlannerPrintable Version

  • because: HK has more corporate headquarters
  • because: Hong Kong is a free port, Shanghai is not
  • because: HK's business environment is more favorable
    • because: HK allows higher mobility of capital
      • because: no foreign exchange control in HK
    • because: more mature stock market
      • because: higher transparency in market transaction
    • because: more well-developed business environment
      • because: more corporations' regional headquarters in HK
    • because: better tele-communication network
      • because: HK more ready to take advantage of IT than China
        • but: WEF's NRI ranks all China, not Shanghai
  • because: more mature media system
  • because: HK gains from Shanghai gains
    • because: mutually beneficial
  • because: The political situation in Shanghai is less...
  • but: HK economy less stable than Shanghai's
    • but: HK market is in fact more stable
      • because: less crisis in HK stock market
        • because: more diverse sources of investment capital
    • but: HK market is more free
      • because: monopoly is unlikely in HK
        • because: capital distribution in HK more dispersed
Hong Kong will NOT be marginalized by Shanghai as a financial centre
  • because: HK has the world's freest economy
    • because: HK comes top of the list in 2006 EFW index
    • because: good
  • but: Shanghai's economy is growing faster than HK's
  • because: HK has better-developed financial regulations
  • because: more favorable linguistic environment
    • because: English is the lingua franca
    • because: HK has English as its official language
  • because: HK has the highest competitiveness in China
    • but: gap between HK and Shanghai becomes narrower
  • but: cheapr labor in Shanghai
    • but: a financial centre does not depend on cheap labor
  • because: HK south China, but Shanghai northern China
  • but: Shanghai was the world's busiest port in 2005
    • but: cargo throughput not related to financial centre
    • but: HK handles more containers than Shanghai
  • but: Shanghai still has potential
    • but: HK economy still growing, not at limit