HONG KONG: A majority of US companies in Hong Kong surveyed by the American Chamber of Commerce are concerned about the sweeping new national security law in the global financial hub, with a third looking to move assets or business longer-term.
More than two-thirds of the respondents were more concerned than a month ago, when the full details of the law, which came into force just before the anniversary of the former British colony's return to Chinese rule on Jul 1, 1997, were unveiled. About half were concerned about the city's status as a global finance centre and the erosion of the high degree of autonomy it was promised 23 years ago.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: The Straits Times - 🏆 8. / 63 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »