Hong Kong Remains One of Asia's Leading Business Centers

When the recent global economic downturn began around late 2007 and early 2008, most of the western countries were badly affected by the recession and many of them have still not been able to get themselves out of the economic slump. There were several Asian countries as well which bore the brunt of the recession in the west, especially those who are heavily dependant on direct foreign investment in their country. However, there were a few countries that could manage to get themselves out of the global recession without much of an issue and then there were those who were hardly affected by the global crisis.

Hong Kong emerged as one of those places who escaped unhurt from the economic slump world wide and has even benefited from the turn of events in world economy. Even though Hong Kong is an administrative region of the People?s Republic of China, it has one of the strongest economies in the world and is well known for being a global business hub as well as a leading financial center.

Hong Kong company registration by foreign entrepreneurs, companies and investors continue to remain strong and the city has actually benefited from the downturn in the west. Now many of the entrepreneurs and investors have shifted their focus from the western countries to places like Hong Kong which has proven to be stable with a robust economy and sound administrative policies. Also Hong Kong being a leading destination in Asia anyways, with the growth of the Asian continent, more and more companies want to target Asia by setting up their base in Hong Kong. Not to mention the attractiveness of China with a billion plus population and a huge market for companies worldwide. Hong Kong makes it easy to cater to the Chinese market as well and hence the city has been attracting entrepreneurs from all over the world in huge numbers.

Today Hong Kong is a preferred business destination for not just companies or entrepreneurs from the western countries but many of the top minds from Asia itself prefer to setup their base in Hong Kong as the city has one of the best business infrastructure you can find anywhere.