New Asean Chamber of Commerce launched in Hong Kong will ‘fulfil long-felt need’

Setting up a new regional chamber of commerce will “fulfil a long-felt need” to bridge the gap between the Greater Bay Area and Asean, with Hong Kong acting as a “natural connector”, the business group’s inaugural chairman has said. But given existing agreements and bilateral relations between the city and individual member states of the Association of Southeast Asian Nations, analysts said the economic benefits introduced by the new chamber were likely to be more modest than dramatic. The Asean...