Talking Points: Are there any countries Hong Kong should NOT do business with?

Talking Points: Are there any countries Hong Kong should NOT do business with?

Hate it when you can't talk back? Well, you can with Young Post. Have your say and share with students around Hong Kong

Man Mary Grace Villacorte, 13, Tak Nga Secondary School

They are mostly in Africa, such as Somalia and Libya, where civil wars are raging. Cheques issued by banks in those countries are not accepted in Hong Kong because we won’t be able to get back our money.

In Asia, the only country that Hong Kong should not do business with is North Korea. It has been  isolated from the rest of the world since the Korean war ended in the 1950s. China is the only country that helps them when they suffer serious problems.

Karen CKW, 15, Holy Family Canossian College

Hong Kong should not deal with countries where political unrest and violence are causing severe problems. According to Verisk Maplecroft, a leading political risk analysis company, several countries, including Iraq, Syria, Afghanistan and Somalia, will remain “high risk” for some time to come because of a surge in terrorism or violent conflict. So let’s not do business with such countries.

Nancy Cheung, 14, Tak Nga Secondary School

Hong Kong should not do business with countries that don’t join the World Trade Organisation (WTO). The WTO can protect countries from exploitation and ensure fair trade. Countries that don’t join the WTO are mostly very poor and are unreliable because they can’t pay their debts. Hong Kong is a member of the WTO so I think we should deal with fellow-members because they are trustworthy. 

Darren Leung Yat-long, 16, Po Leung Kuk Ma Kam Ming College

Hong Kong should not do business with chaotic countries in the Middle East and Africa. There are many countries which are caught up in civil wars or other types of violence. Take the Israeli–Palestinian conflict for instance. Border disputes between the Israelis and Palestinians have led to violence, which has affected social stability and caused hardships to people. This situation is not good for trade and business, so Hong Kong should avoid countries like Israel and Palestine.

Cheung Yu-shing, 16, Po Leung Kuk Ma Kam Ming College

I believe Hong Kong should not do business with the mainland. We are wasting our money buying “Made-in-China” goods  because most of them are fakes and their quality is poor. It’s not simply about not doing business with Beijing – it’s also about protecting the safety of Hongkongers and even our reputation. 

Besides, doing business with the mainland means more parallel traders will be flocking to Hong Kong, clogging our transport system and leading to a shortage of goods here. This would cause even more tension between Hong Kong and Beijing, so I would rather not do business with China, even though it’s a powerful country.

In our next Talking Points, we will discuss:

What's the worst fashion trend out there right now?

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