Plan A or Plan B for business? What Wendy Sherman's China visit tells foreign investors in Hong Kong | South China Morning Post

Diplomatic negotiation is about showing your hand to bargain for the maximum interest. And when neither side accepts that the other is in any position of strength, showing up at the bargaining table is already the best result. That is what US deputy secretary of state Wendy Sherman's two-day visit to China is about. Among the many thorny bilateral and regional issues such as Covid-19 pandemic control, North Korea, tension over the South China Sea and the Taiwan Strait, and climate change , Hong Kong remains a key sticking point. In upcoming talks, US diplomat to stress need for 'guardrails'…