Hong KongÆs role could get shanghaied

Red chip COSCO chief Dong Jiufeng examines Hong KongÆs position in light of ChinaÆs accession to WTO - just donÆt mention privatization.

Dong Jiufeng, executive vice chairman and president of COSCO (Hong Kong) Group, says Hong Kong’s role as China’s trade entrep(t will erode as the mainland’s transportation infrastructure improves. Shanghai in particular will threaten Hong Kong’s lock on trade and trade services, he says.

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