Interesting views from André Wheeler as usual: See http://en.hkuws.com/chinas-belt-and-road-will-help-hong-kong-top-rival-singapore/
My take is there is room for independent and geopolitically acceptable Belt And Road Initiative Hubs in Asean and Central Asia.
Hong Kong is too close to China and with decades of focus as Gateway to China, it does not have the credibility nor the clusters of professionals with an outbound focus on ASEAN and other BRI countries.
My hope is that in managing Malaysia towards trimming off RM1 trillion of national debt, our new Malaysian Government will compete head on with Hong Kong and Singapore as a “dark horse” in the race to become a leading BRI Hub.
With lower costs, experienced conventional and Islamic financial and capital markets and professionals well trained in our own infrastructure development, as well as being geopolitically acceptable to China, ASEAN, India, Japan, Korea and the West, Malaysia has a good chance.
For the Central Asian BRI Hub, I’m placing my bets on Kazakhstan.
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