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Hong Kong politics
OpinionHong Kong Opinion
Opinion
Regina Ip

Can Beijing and Big Business Trump-proof Hong Kong?

Whatever shape US foreign policy takes, our leaders and businesses must keep working to shore up the city’s strengths and build new ones

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People ride on a ferry from Hong Kong Island to Kowloon as the sun sets, in 2019. Photo: AP
Regina Ip Lau Suk-yee is convenor of the Executive Council and chairwoman of the New People’s Party.
US president-elect Donald Trump’s decisive victory over Vice-President Kamala Harris, the Republican Party’s control of Congress and strong backing from his appointees on the US Supreme Court will make him the most powerful US president in recent history.
He is coming into office with the unreserved support of the world’s richest man, according to the Bloomberg Billionaires Index – tech mogul Elon Musk – who has just been named to lead a new department of efficiency. The massive power Trump now wields has sent shock waves across the US and around the world.
Although Beijing took care not to drop any hint of its preference, a triumphant Trump return and all that it means for the future of Sino-US relations appeared to have been within China’s calculations.
On November 8, Xia Baolong, the director of the Hong and Macau Affairs Office, convened a meeting with 29 Hong Kong business and industrial leaders, in addition to Chief Executive John Lee Ka-chiu and other senior officials, in Shenzhen, Guangdong province. The timing seems to have been carefully chosen to take stock of the US election results.
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