Smooth Sailing: Hong Kong's Economic Transition‪.‬

Dr. Victor Fung is Chairman of the Hong Kong Trade Development Council and of Prudential Asia Investments Ltd. On the eve of Hong Kong's transition to a Special Administrative Region (SAR) of the Peoples Republic of China, there is much discussion about the best way forward for Hong Kong's economy. I believe most of us in the business world share the same vision for Hong Kong after 1997--to be the prime international business and financial center not simply for China, but for the entire Asian region. Understandably, questions and differences exist over how best to achieve that vision. In my view, many of the answers are obvious and self-evident.