In a world of rising economic nationalism, the Belt and Road Summit offers Hong Kong an opening to reassert itself as a global hub
Partner economies in the Belt and Road Initiative are grappling with challenges ranging from geopolitical tensions and trade fragmentation to global supply chain adjustments. Vietnam illustrates the dilemma vividly: it had the world’s fourth-largest trade surplus with the United States in 2024, with almost one-third of its exports bound for the American market.
Such realities highlight a core challenge for the Belt and Road Initiative in pursuing mutual benefit: how to strengthen industrial resilience amid uncertainty in global trade. Here, Hong Kong’s distinctive advantages become particularly significant.
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