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Second only to the American business presence in Hong
Kong comes the Japanese, with over 800 companies represented.
Japanese business is showing great confidence in Hong Kong: it
has tripled its direct investment since 1981. Hong Kong is now
Japan's seventh largest investment market in the world. The
Japanese presence in the financial sector has also grown fast.
Japan's view of Hong Kong was perhaps most neatly summed up in
a speech by the Japanese Consul-General in September last year
when he referred to the city as "the most important
international metropolis in Asia". Many other Western
countries have significant interests in Hong Kong; the number
of Western European companies here is large and growing
rapidly.
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For Western businessmen, Hong Kong in the natural
place to do business with the East, with China and the rest of
the Asia-Pacific region. Many international companies and
banks have established regional headquarters in Hong Kong, to
take advantage of an unbeatable combination of an ideal
geographical position; superb services and communications;
good workforce plus a supply of well-educated English-speaking
middle managers; and a stable, safe and comfortable
environment. The special advantage of Hong Kong as a gateway
to China is unmatched. Hong Kong businessmen have expertise
and connections that can be of great help to Western companies
seeking to do business with the distant and unfamiliar Chinese
market. Hong Kong has the best deep water port on the Chinese
coast and the second busiest container port in the world. It
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