HONG KONG—As China drew up a new security law for Hong Kong last month, its top Foreign Ministry official in the city gathered international business groups and diplomats to deliver a message from Beijing: Don’t panic.
The law would target only a small group of radicals and wouldn’t impede the free market ethos behind Hong Kong’s rise as a global business hub, the official said. But now that businesspeople are finally seeing the law, there is much to cause concern.
I don't understand how the UK could have made a treaty with China to have their democracy destroyed in 2020.
Sounds like laws written by the moderator unit who looks after the comment section of their digital editions
Investors park money where it's profitable, regardless of regimes.
Really bad for international intelligence businesses.
The west needs to get over Hong Kong as we knew it Just another Chinese city now
Companies land their business in Hong Kong instead of Mainland China because they trust our system but not theirs. The NationalSecurityLaw pretty much turned HK into China, meaning there is NO LAW! Makes sense that they retreat from the HK Financial hub.
At the same time, the West is no longer getting Chinese financing through this city. Ironic isn't it?
Hong Kong is destroyed.
HK is dying.
The CCP fabricated lies, suppressed human rights, controlled religion, slaughtered, bribed, no credit, theft, infiltration, false negotiations, signed false contracts, control and monopoly. The correct way to treat the CCP is to list the CCP as an extreme terrorist organization.
Hong Kong is done. History.
fkmylife524 Wonder what China will do when it is getting even wealthier and more powerful in the future?
China choking Hong Kong. How can anyone be surprised? Communist family of wealth and privilege want not one voice speaking out against them. China is moving through the world buying their way into favor . They are cancer. Trump knows it . The years before Trump they facilitated
Worry won't make things change. What they need is a contingency plan.
It’s just like a huge prison now, not much different in front of and behind the bars.
HK ppl use their tear, blood & life to prove China is a totalitarian reigme. HK is dying w/o global sanction of CCP & HK persecuted ppl & students are in deep threats of new security law. Pls provide protection to them. StandWithHK GlobalMagnitskyAct
Freedom or Tyranny?! NationalSecueityLaw of CCP not only killing HK. CCP insults the whole world w/ its arrogance by putting everyone in everywhere in guilty by only judging them. It declares war to the world. Global sanction to them must act now!
The new NationalSecurityLaw affects people over the world, even you are non-HKer / Chinese. You support HK, you are 'criminal' in CCPChina's eye. Stated in article 38
Their worry is real. NationalSecurityLaw is going to destroy HK.
This beautiful city is ruined by CCP. Hong Kong today, the world next.
Monkey want my banana, but I don’t want to lose my banana, I carried my banana in my backpack, the monkey shout at me: “you have ruined everything!”
The Chinese Communist Party violated the Sino-British Joint Declaration and the Hong Kong Basic Law and forced the establishment of the National Security Law. This is completely illegal. CCP_is_terrorist
We Hongkongers will never back down🔥🔥May the world pls StandwithHongKong to protect foreign interests in HK or from humanitarian view🙏 AntiCCP
Then those companies should move their operations away from Hong Kong to another country
Trading hub? Intl city? Nah more of a thought prison Not safe at all …could be some rare exp for those wanting a taste of PoliceBrutality and CCP special agents BoycottChina
Hong Kong is not Hong Kong now. The law even cover non-HK residents. Not recommend people to come to Hong Kong. StandWithHongKong BoycottChina
A market playing by Chinese rule is never a market good for the world.
James_Thorburn Read as....the bankers want a war
The so-called NationalSecurityLaw has taken away freedom of Hong Kongers! It is totally a violation of the joint declaration signed in 1984. It is a breach of international treaty. If China today can break her promise without any consequences, it will set a bad example to others
Don't think so...read this article.
Little_Seal0118 It has ruined Hong Kong. Beijing is building its 2nd governance team in Hong Kong replacing HKGov in the name of NationalSecurityLaw. All the OneCountryTwoSystems elements are gone overnight. You may continue your trade here but don’t expect more than another mainland city.
For the life of me I can't understand why execs aren't worried about ruining the Earth as a living hub.
Psst... Hk doesn't matter as a trading hub any more. Shenzhen, just across the border, is China's key financial hub now...
Nearly 3 million residents of HK signed a petition in support of the national security law. That's close to half the territory. How many support but didn't sign? Don't believe the one sided, everyone in HK is against China rot from our media. It's all geo political games...
Los ejecutivos foráneos deberían abandonar Beijing y trabajar en Estados Unidos. Las Empresas foráneas deberían abandonar China y trabajar e Invertir en Estados Unidos. POTUS VP StateDept PressSec parscale
MCCARTHYISM WILL THRIVE!!!
Keep up the good work
If the cheif executive of Hong Kong isn't worried, they don't need to neither.
What have you done that will threaten national security? Similar laws, and tens of millions of foreigners are in Mainland. Unsafe? just anti
What do you mean eventually? It already happened
Again, let's curse all the WSJ staffs for misleading the public. WSJ, the sickman of journalism.
If you don't want to see these ads everywhere in the US,vote Trump please.
Is it because it's one of China's last territories, now under 'Chinese threat', where Westerners have long felt at home & enjoyed lingering colonial privilege against an Asian backdrop?
Don't think too much, Hong Kong will be better. Worry more your own business