Views: Pros and Cons Topic Map Slideshow

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Category: Economics & Business
Tags: 2202, logistics
 +1.95%

  Support:
 +1.95%
Points:
Hong Kong is the preferred logistics hub in Asia  
  • but: Federal Express and UPS have declared they are seeking alternative hubs to Hong Kong (www.tdctrade.com) +66.13%

  • because: Hong Kong serves as a major gateway to the Mainland (Wikipedia contributors (2007) ) +58.06%

  • because: Hong Kong features a world-class infrastructure with integrated services expertise as well as a mature legal system  +56.45%

  • but: Singapore is the preferred logistics hub in Asia  (Wikipedia (2019)) +49.2%

    • because: Singapore is planning a fourth airport termnal, but HK has only 2  (Wikipedia (2019)) +72.58%

    • because: Singapore has a busier port than Hong Kong  (Wikipedia (2019)) +53.23%

    • because: Singapore lies on the midpoints of major sea and air trade routes  (Wikipedia (2019)) +43.55%

      • because: Singapore on routes between countries with one-third of the world's population: China, India and Indonesia  (Wikipedia (2019)) +25.81%

  • because: Hong Kong is situated at the heart of Asia  +24.19%

  • but: Hong Kong port is facing increase challenges from ports within Pearl River Delta and the Mainland with China's accession to the WTO  +8.07%

    • but: it is obvious that the liberalization of market that goes hand in hand with China's WTO entry will bring positive economic impacts to Hong Kong port  +24.19%

  • but: HK's world's busiest container port title has been overtaken by the Port of Singapore from 2005 onwards, and was first overtake by the Port of Shanghai in 2007 (www.channelnewsasia.com) +1.62%

    • but: Hong Kong International Airport has been ranked Asia's busiest airport by cargo traffic (world's second) since 2000 (www.aci.aero) +90.32%


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