Hong Kong ends accounting pact after rejecting US waiver demand
https://www.scmp.com/business/banking-finance/article/3179256/hong-kong-end-2011-mutual-recognition-pact-after-rejecting
Precursor - please read linked article and form your own opinion okie.
Is this the beginning of the gradual withdrawal of international investment In Hong Kong? On the surface it looks foolish to permit the pact to lapse.
I will be taking a very serious look and long term view of my HK investments. Seems like there is more to lose than gain.
What do you think?
I think the song "Gone" by Nsync is apt. Dun u think so. Unfamiliar, YouTube it...
Happy Saturday!!
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Ok