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HKEconomy3 days ago

Tycoon Gordon Wu says he’s very optimistic about China due to its ‘stability’

Hong Kong property tycoon Gordon Wu Ying-sheung expressed optimism about China's future, citing its 'stability' and economic potential. He emphasized China's lack of war and Hong Kong's unique position under Chinese protection with its own legal system. Wu also compared China's stability favorably to the U.S.

Hong Kong property tycoon Gordon Wu Ying-sheung has said he is “very optimistic about the future of China” due to its “stability” as he received the Game Changer Award from the Asia Society for his contributions to the country’s development.

At a fireside chat on Thursday after receiving the award from the city leader, the 90-year-old founder and chairman of Hopewell Holdings said he has been betting on China since its opening up in 1978 and had remained confident.

“I am very optimistic about the future of China. Why? Because these are the people who really work hard … When you want to have an economy going, the most important thing is no war,” he said.

“Hong Kong is very fortunate because we are under their protection and we have our own legal system, the common law system. We have the best of two worlds.”

Tycoon Gordon Wu with the Asia Society’s Ronnie Chan at the ceremony. Photo: Nora Tam

Referring to the ancient proverb of “turning weapons into jade and silk”, Wu expressed strong confidence that China’s stability would sustain its rise, unlike the situation in the United States.

Read the full article at South China Morning Post

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South China Morning PostParty-alignedCenter3 days ago
Tycoon Gordon Wu says he’s very optimistic about China due to its ‘stability’

Hong Kong property tycoon Gordon Wu Ying-sheung expressed optimism about China's future, citing its 'stability' and economic potential. He emphasized China's lack of war and Hong Kong's unique position under Chinese protection with its own legal system. Wu also compared China's stability favorably to the U.S.

Bias read (Center): The article presents Gordon Wu's statements without overtly biased language or selective sourcing. It reports his views on China's stability and economic prospects neutrally, without emphasizing any particular ideological stance. The framing remains balanced, focusing on Wu's personal opinions and a