Unique market position of ‘Made in Hong Kong’ companies vanishes under US relabelling order

US president Donald Trump announced on August 11, 2020, that the “Made in Hong Kong” label could no longer be used on US-bound exports from the city. The order, which requires Hong Kong exports to be labelled as “Made in China”, came as Washington imposed sanctions against Hong Kong over a national security law imposed on the city by China’s central government.

Two local businessmen spoke with the South China Morning Post about how policy has affected their operations. Both were concerned that… …read more

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Source:: Yahoo Finance