Hong Kong Trade Development Council’s chairman outlines vision to realign its global network of 51 offices to support businesses amid trade war
The Hong Kong Trade Development Council (HKTDC) will form a “strategic alliance” with the Bank of China (BOC) to get mainland Chinese companies to rely on the city as a “superconnector” as they venture overseas, its new chairman, Frederick Ma Si-hang, has said.
The council’s new task would be part of an expansion of its role in response to continuing geopolitical tensions, he told the Post in an exclusive interview last week.
As Ma outlined his vision to realign the statutory body’s global network of 51 offices to support businesses as they navigated the ongoing trade war initiated by Washington, he stressed that threats from American lawmakers to close the Hong Kong government’s trade offices would only prompt the HKTDC to intensify its own promotion efforts in the United States.
Ma, 73, brings his extensive government and business experience to the city’s major trade promotion body at a time when Hong Kong and mainland companies face mounting challenges caused by supply chain disruptions that may be exacerbated by the latest round of US tariffs targeting dozens of countries.
