Mainland Access Boosts Auto Industry

BMI's updated Business Environment Ranking for the automotive industry sees Hong Kong retaining joint 13th place at the mid-year point, on a composite score of 29. This represents a slight improvement in the composite score, after an increase in Hong Kong's long-term economic risk rating. The lack of a CBU production industry still provides little opportunity for investors, while the growth of the mainland market threatens any chances of creating one. However, the close proximity of the burgeoning Chinese production segment provides ample opportunities for exporters of parts and

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