Opinion | Hong Kong needs ‘honest brokers’ to tell its story

It must be driven not by government officials but by people who are recognised as “honest brokers”. The challenging reality for Hong Kong is that it has been fighting an uphill narrative war for more than 30 years. Throughout the 1990s, I took part in hundreds of behind-the-scenes meetings and discussions with visiting think tanks and business groups who were often more interested in lecturing than listening, and who carried deep prejudices.

Some remained impregnably convinced that Chinese troops would swarm across the border in 1997 to swallow up “feisty little Hong Kong”. But many were swayed by discussions with the “honest broker” groups like the Vision 2047 Foundation and the Better Hong Kong Foundation, local businesses and community leaders – as well as simple exposure to Hong Kong and its obviously undiluted freedoms.

The challenge then, as now, was to accurately identify both the voices that would be recognised as “honest brokers” and organisations that might be the most effective channels for unprejudiced discussion and debate.

A pedestrian checks her phone near screens displaying stock prices outside Exchange Square in Hong Kong on January 23. Photo: Reuters

My argument today would be that our various administrations since 1997 have generally failed to identify or effectively prioritise these voices and channels. This has led to millions of dollars being wasted on ineffective and sometimes vacuous “reputation-building” initiatives. It has allowed ill-informed and maliciously motivated voices to impose a simple prejudiced narrative on Hong Kong’s complex and nuanced story. Rising geopolitical tensions between the US and China have only made the problem worse.

But there are effective things that can be done. The first would be to identify and leverage activity in international organisations in which Hong Kong has a seat at the table. Because Hong Kong is not a country, there are many important international organisations in which we have no direct seat, or where we can only participate as part of a Chinese delegation.

This makes it even more important to maximise our presence in those organisations where we have our own independent seat. The most obvious opportunities would be with the World Trade Organization (WTO) and the Asia-Pacific Economic Cooperation (Apec) grouping. There can be no excuse for not maximising our own impact in these organisations, both of which stand firmly for principles close to Hong Kong’s heart – free trade, investment, global cooperation and multilateral resolution of differences.
From time to time, Financial Secretary Paul Chan Mo-po and Commerce Secretary Algernon Yau Ying-wah have paid lip service to these principles, including recently at the WTO’s 13th ministerial in Abu Dhabi and the Apec trade ministerial in Arequipa. But in organisations like these, where it is in our own clear economic interest to speak out and where we are duty-bound to punch above our weight to provide visionary thought leadership, we have for many years done no better than follow the herd.
Financial Secretary Paul Chan meets California Governor Gavin Newsom during the Bay to Bay Dialogue in Berkeley, California, on May 29. Photo: Handout
We should be providing thought leadership on the value of global economic cooperation, using multilateral channels to resolve trade disputes and rebuilding the WTO’s dispute resolution body wilfully destroyed by former US president Donald Trump.

Hong Kong should be showing members of these organisations how we resolve challenges such as managing subsidies and supply chain risks. These would be obvious and effective ways to rebuild our international reputation – showing the intellectual heft the city can bring in our own right to critical trade issues of the day.

Beyond this, the administration could provide better funding for high-quality policy-focused research. How many know about, or use, the valuable insight published by the Trade Development Council’s research department, Our Hong Kong Foundation or the China-US Exchange Foundation?

How many are aware of the trade policy research output of the Hong-Kong-based Asia Global Institute, which is hosting Apec’s Study Centre, or the globally significant research being led in our other world-class universities?

Who in government has considered providing funds to host or otherwise support Apec-wide research initiatives on key trade policy challenges? Who in our administration has realised that such activity would build a large army of “honest brokers” willing to speak up for the indispensable integrity of Hong Kong’s international contributions?

The future of our economy does not rest on whether taxi drivers are polite or if a few more tourists from the mainland open their wallets a bit wider, but on respected “honest brokers” who recognise and talk about Hong Kong as an efficient, effective, productive and indispensable hub for trade and investment between Asia and the rest of the world. Such an approach might not attract noisy headlines in the global media, but it would certainly provide the foundations for rebuilding our global reputation.

David Dodwell is CEO of the trade policy and international relations consultancy Strategic Access, focused on developments and challenges facing the Asia-Pacific over the past four decades

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