Americans Will Leave HK Over Trade War: James Tien

"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1458949_1_20190523123619.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1458949-20190523.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1458949-20190523.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-05-23 HKT 12:35
James Tien talks to RTHK's Kelvin Ng
The Liberal Party's James Tien says he believes Hong Kong's economy is going to be hit hard by the trade war between China and the United States and he expects many American businessmen are going to leave the SAR.
Tien, who's the party's honorary chairman, said on Thursday that US businessmen in Hong Kong are going to find themselves in a no-win situation.
"Firstly, I don't think their companies' or their government's investment into China will be that welcome from now on. And on the other hand, I'm not even sure that the American government will like to see these companies invest in Hong Kong, or via Hong Kong, into the bigger bay area," he said.
Tien also told RTHK's Kelvin Ng that Hong Kong people must do their bit to support Beijing, as the problems between China and the US far outweigh any disagreements between the SAR and the mainland.
"If China has a problem with the USA, I will always stand on China's side ... but if there's a problem between Hong Kong and Beijing I will stand on Hong Kong's side. Today, it seems that the problem of China versus the USA is much bigger than the problem of One Country, Two Systems, which is Beijing versus Hong Kong."
He also warned that with US President Donald Trump targeting individual companies, Beijing might decide that it no longer wants Hong Kong to serve as an international financial centre and a window into China.
TOPPAN Edge And Partisia Partner For Fully Privacy-Focused Digital Identity Solution
TOPPAN Edge is partnering with Partisia to develop a fully privacy-focused digital identity using Partisia’s Decentr... Read more
Livi Bank Achieves HKD2.9B In Customer Deposit Growth
livi Bank reported a total operating income of HK$220 million in 2024 in its latest annual report results, marking a 76... Read more
OSL And Ant Digital Partner To Drive Real-World Asset Tokenisation
OSL Group (863.HK), a publicly listed company for digital assets, and Ant Digital Technologies signed a Memorandum of U... Read more
WeLab Bank Hits Profit In 2025 With HKD750M Revenue
WeLab Bank achieved profitability in Q1 2025*, continuing from 2024 when it achieved breakeven within four years of its... Read more
Adoption Of GenAI Rises In Hong Kongs Financial Sector, Though Focus Remains On Internal Operations
In Hong Kong, financial institutions are increasingly adopting generative artificial intelligence (genAI), aiming for e... Read more
HKMA Forms CargoX Expert Panel To Modernise Trade Finance
On 28 April 2025, the Hong Kong Monetary Authority (HKMA) announced the creation of an Expert Panel on Project Cargox. ... Read more