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

HONG KONG—As China drew up a new protection legislation for Hong Kong very last thirty day period, its top rated International Ministry official in the metropolis collected global company teams and diplomats to supply a concept from Beijing: Don’t worry.

The legislation would focus on only a little team of radicals and would not impede the absolutely free market place ethos at the rear of Hong Kong’s rise as a global company hub, the official mentioned. But now that businesspeople are lastly viewing the legislation, there is a great deal to bring about worry.