Protest activity impact? More than half of Japanese companies operating in Hong Kong
A fact-finding survey found that more than half of the Japanese companies operating in Hong Kong had worsened their performance since last year, highlighting the impact of protesting activities on Japanese companies.
JETRO = Japan Trade Promotion Organization's Hong Kong office conducts a questionnaire on the business environment targeting Japanese companies operating in Hong Kong and restaurants run by Japanese people from 11 to 24 last month. Got an answer.
Among them, when asked about the performance from January to August, 52.8% of the companies answered that they were “substantially worse” or “worse” compared to the same period last year. It was.
In addition, when asked about the factors that had an impact on business results, 58.9% of companies responded that they had a trade dispute between the US and China, and 38.7% responded that they were protesting.
Furthermore, as a response to the demonstration, 41.1% of companies responded that they had taken measures to refrain from business trips from Hong Kong to mainland China, and 15.3% of companies stopped business trips to Hong Kong. It also highlights Hong Kong's role as an Asian business base.
In this regard, Mr. Daihiro Takashima, Director of JETRO Hong Kong Office, said, “In addition to trade friction in the United States and China and slowdown in China, prolonged protests are affecting the business environment. I would like to encourage the Hong Kong government to improve.” Talking.