Hong Kong’s newly established Office for Attracting Strategic Enterprises is being administered through the government’s global network of quasi-diplomatic trade offices in cities including Toronto, Dubai, Beijing, London, New York, Tokyo and Sydney.
The push comes after three years of population decline in Hong Kong, and an outflow of thousands of young Hong Kongers to Canada, Britain and other countries that have set up dedicated immigration pathways for them in light of the political crackdown that followed vast street protests in 2019. “The national security law is an anti-sedition law and very few people intentionally move to another country with the intention of engaging in seditious behaviour,” he said.
But activists warn of risks to both businesses and individuals due to the uncertainty and upheaval since the passage of the security law. She said companies setting up in Hong Kong risk not only their money, but the safety of employees. She cited the detention of Canadians Michael Kovrig and Michael Spavor, who spent more than 1,000 days in Chinese custody in what was widely thought to be a retaliatory move for the 2018 arrest in Canada of Huawei executive Meng Wanzhou.Article content
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