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.
billpostmus
Or maybe the foreign executives can go back to their own countries and hire the local executives to see if they will dea with it better than they can.
That maybe a good news for the RE market since it’s been too high to afford for majority of HK citizens.
Easy way to tell whether markets are actually concerned abt that - what's happening w HK RE market
yeah... or, make it better as a trading hub... that's the only thing 'foreign executives' are worried about. uncontroversial... for 'foreign executives.'
The Free Territory of Trieste might be a precursor.
Almost guaranteed. China destroys everything it touches.
Wow, so much foresight...