Hong Kong has the potential to not only survive but thrive amidst the deteriorating relations between China and the US. According to an opinion piece in the South China Morning Post by Brian Wong, Hong Kong can capitalize on the situation by attracting Chinese professionals leaving the West, helping Chinese firms navigate international markets, and serving as a platform for dialogue between China and the US [35dc6fb7].
Hong Kong's higher education institutions, access to the mainland, and free flow of information make it an attractive destination for researchers and professionals. As Chinese professionals leave the West due to the tensions between China and the US, Hong Kong can position itself as a hub for talent, offering opportunities for these individuals to contribute to the city's growth and development [35dc6fb7].
Furthermore, Hong Kong can play a crucial role in helping Chinese firms navigate international markets. With its well-established financial sector and expertise in trade, Hong Kong can provide valuable support and guidance to Chinese companies looking to expand their global footprint. By leveraging its connections and knowledge, Hong Kong can facilitate the internationalization of Chinese businesses [35dc6fb7].
In addition, Hong Kong can serve as a platform for dialogue between China and the US. The city's unique position as a bridge between East and West allows for open discussions and exchanges between Chinese and American officials, academics, and entrepreneurs. Hong Kong can act as a buffer zone for expressing sensitive opinions and facilitate constructive conversations that contribute to better understanding and cooperation between the two countries [35dc6fb7].
To further enhance its role in the US-China rivalry, Hong Kong should strengthen ties with key players in Southeast Asia and the Gulf. By expanding its network and partnerships in these regions, Hong Kong can increase its influence and position itself as a key player in the evolving geopolitical landscape [35dc6fb7].
Moreover, Hong Kong has the potential to facilitate cooperation between China and the rest of the world through its world-class biotech research and unique East-meets-West culture. The city can play a role in China's Track 2 diplomacy and contribute to global health efforts. Hong Kong should pay special attention to the UN's sustainable development goals (SDGs) and develop its health industry to address common health concerns and challenges domestically and internationally. By establishing an internationally competitive health industry, Hong Kong can potentially revitalize the mainland economy and debunk the idea of China turning inward. Active participation from all sectors of society is needed to advance public health cooperation between China and the world [1c6d9eb9].