Hong Kong media tycoon and democracy activist Jimmy Lai, 75, was convicted last month on fraud charges that the United States called “spurious.”More than 200 people, including Lai, have also been arrested under the national security law thatin response to the protests. The U.S. has spoken out repeatedly against the law, which criminalized subversion, secession, terrorism and collusion with foreign forces. Hong Kong and Chinese officials say it was necessary to restore stability.
Businesses “need to develop policies and guidelines and due diligence processes so as to guard against perhaps inadvertently doing things that are against the U.N. principles on business and human rights,” Kern said. Hong Kong is “not going anywhere” as an international financial center, said Allan Zeman, chairman of the Lan Kwai Fong Group, a Hong Kong-based real estate developer.Zeman is among the business leaders who welcomed the national security law after the protests of 2019, which disrupted transportation and sometimes turned violent.The finance summit drew about 200 participants from more than 100 companies around the world.
There's always good 'law and order' and stability in a concentration camp !! There are plenty of other good places on the planet to conduct businesses.
FreeHongKong
Which you meant to say, that the Chinese government had a brutal crackdown on any pro-democracy activist, murdering and imprisoning many.
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: MarketWatch - 🏆 3. / 97 Read more »