Most U.S. Firms in Hong Kong Say China’s Security Law Will Hurt Business

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A survey of American Chamber of Commerce in Hong Kong members finds most are 'very concerned' about China’s new security laws for the city and expect it to harm their operations there

Some 53% of American Chamber of Commerce in Hong Kong members said they were “very concerned” about the new laws, while 30% said they were “moderately concerned,” the survey found. Some 60% of members said they expected the law to harm their business operations in the city.

 

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Downsizing the Five Eyes spy network in HK is good for the Chinese people and business. The pain feel by the Americans here is understandable. As the Brits would say, 'Hard cheese mate'.

like Apple is not operating in China mainland? how about the security law there?

Pull out!

Nobody gives sht, they are worried about a fckg pandemic, how to feed their family, pay the rent, what to do with the kids, what to do with granny in the nursing home and people dying at the hands of racist cops. Deal with it!

Look at HSBC. Now they needs CCP’s consent to do business right now. Forget about free market and make some RMB.

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