“The Americans are doing what the British did in the 19th century,” says a Hong Kong-based lawyer. “They are the imperialistic power of the late 20th and probably the 21st century.”
This is the lesson top Hong Kong company Wharf has learnt in a precedent-setting case that has far-reaching consequences for non-American companies. Wharf was recently found guilty of breaking a contract with a US firm in Hong Kong. But it wasn’t a Hong Kong court that passed the verdict.
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