April 16, 2024

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Passion For Business

Hong Kong Security Law Stuns International Business: ‘It Turns Out It Is Really Bad’

HONG KONG—As China drew up a new security law for Hong Kong previous thirty day period, its prime Overseas Ministry formal in the town gathered intercontinental business groups and diplomats to provide a information from Beijing: Really don’t worry.

The law would target only a modest group of radicals and would not impede the free of charge sector ethos driving Hong Kong’s rise as a international business hub, the formal mentioned. But now that businesspeople are ultimately observing the law, there is substantially to result in issue.