May 26, 2024

Paull Ank Ford

Business Think different

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

HONG KONG—As China drew up a new security regulation for Hong Kong previous month, its top Overseas Ministry formal in the town gathered worldwide business enterprise teams and diplomats to deliver a message from Beijing: Never panic.

The regulation would focus on only a modest team of radicals and wouldn’t impede the free of charge sector ethos behind Hong Kong’s increase as a worldwide business enterprise hub, the formal stated. But now that businesspeople are last but not least observing the regulation, there is a lot to induce problem.