Hong Kong’s Economic Tango in South America
Well, folks, it seems Hong Kong’s Chief Executive, John Lee Ka-chiu, is packing his bags for a little getaway—this time to South America. And no, he’s not heading to Rio for a carnival; he’s off to promote a city with more skyscrapers than sense! That’s right, he’s off to Lima for the Asia-Pacific Economic Cooperation (Apec) conference, armed with nothing but charm and a stern handshake.
Now, I can see it now: Lee arrives and everyone asks, “Who invited this guy?!” But don’t worry; he’s here to talk business! He’s got it all planned out, ready to establish economic ties and *heavily* promote Hong Kong’s advantages. What are those advantages again? Ah, yes, they include a fabulous skyline and an uncanny ability to work 24/7. Just what South America needs—more late-night negotiations over dim sum!
Before boarding his flight on Wednesday, Lee addressed the press, saying, “Hong Kong could deepen cooperation with various member economies through the Apec platform…” Which is fantastic! Fantastic if you enjoy a good dose of economic jargon to spice up your morning coffee. Seriously, if I had a dollar for every time I heard the phrase “mutual benefit and win-win outcomes,” I’d be able to buy him a plane ticket that doesn’t involve months of planning.
But wait, there’s more! Our hero will also be meeting with members of the Regional Comprehensive Economic Partnership (RCEP) in Lima. That’s right; he’s aiming to curry favor with the world’s largest free-trade pact. Because what better way to showcase your city’s advantages than through a free-trade agreement while being surrounded by several different flavors of empanadas? It’s basically a win-win for both parties—Hong Kong gets the economic boost, and South America gets a delightful culinary diversion!
“Although Hong Kong and South America already have some economic and trade exchanges, there is still significant room for development,” said Lee. Ah yes, the classic politician’s line. “We don’t have much of a relationship, but don’t worry, I’m here to change all that!” Reminds me of a bad date, which always starts with, “I know we’ve only met twice, but let’s plan a vacation together!”
It’s reported that Apec member economies account for a whopping 80% of Hong Kong’s total foreign trade. 80%! That’s like finding out 4 out of every 5 doctors recommend a certain brand of painkiller because it’s the only one they can afford after medical school!
And just to really spice up his trip, Lee is also planning a series of bilateral meetings with leaders of other economies—because who doesn’t love dodging uncomfortable questions about human rights while sipping on a Pisco sour? You’ve got to hand it to him, Lee has mastered the fine art of conversation combination, let’s hope he’s as good at dodging awkward small talk as the rest of us!
So, let’s raise a glass to Lee—may your economic powers shine brighter than your actual political powers! Cheers to a fruitful trip, but don’t forget to come back with some souvenirs!
Hong Kong’s Chief Executive John Lee Ka-chiu is embarking on a significant journey to South America, where he aims to leverage his first official visit to promote the myriad advantages of Hong Kong. He is particularly focused on fostering robust economic relationships in the lead-up to the highly anticipated Asia-Pacific Economic Cooperation (Apec) conference, scheduled to take place in Lima, Peru.
“Hong Kong could deepen cooperation with various member economies through the Apec platform, creating development opportunities for mutual benefit and win-win outcomes,” he stated emphatically, highlighting that Apec member economies represent an impressive 80 percent of the city’s total foreign trade.
According to a government statement on Tuesday, Lee will also have bilateral meetings with leaders of other economies to discuss issues of mutual interest.
