Hong Kong Business Opportunities and Threats Analysis

This assignment provides an in-depth analysis of the business environment in Hong Kong, focusing on both opportunities and threats. The opportunities discussed include a similar tax bracket to companies originating in Hong Kong, efficient employment laws that allow employers to fire underperforming employees during their probation period, improved domestic demand, and a growing elderly population. Additionally, Hong Kong's low cost of living and freeports enable businesses to import goods without paying tariffs, while the government's minimal restrictions on trade avoid balance of trade deficits. However, potential threats include verbal contracts that can impact businesses, limitations in trade agreements that restrict the use of misleading advertisements, a decline in consumer spending on clothing and shoes, and long working hours that may lead to underperformance.