U.S.-China relations on a 'sabbatical' year, but think-tank cautions frictions to persist

Benjamin Hung, Chairman of Hong Kong's Financial Services Development Council, says Hong Kong is primed to be a beneficiary of global capital reallocation amid geopolitical tensions. He adds that Hong Kong is uniquely positioned as a financial gateway to China. He describes U.S.-China relations as being on "sabbatical" this year but cautions that further frictions are likely to persist.