China said on Thursday that implementation of the National Security Law for Hong Kong has ensured a stable financial market and a better investment environment in the region, and businesses from all countries are welcome to operate in the special administrative region to achieve greater success.
HK business environment gets high marks from most US firms By ZHOU JIN | CHINA DAILY | Updated: 2021-05-14 07:32 Share A panoramic view of the financial area in Hong Kong. [Photo/Xinhua]
China said on Thursday that implementation of the National Security Law for Hong Kong has ensured a stable financial market and a better investment environment in the region, and businesses from all countries are welcome to operate in the special administrative region to achieve greater success.
Foreign Ministry spokeswoman Hua Chunying made the remark after a survey by the American Chamber of Commerce in Hong Kong found that 42 percent of interviewed enterprises were considering leaving or planning to leave the Hong Kong SAR.
AFP
Authorities in Hong Kong on Friday froze the personal assets of jailed pro-democracy media mogul Jimmy Lai, under new powers granted to police under a national security law, and amid an ongoing crackdown on public dissent and political opposition in the city.
Lai, who is currently serving a 14-month jail term for taking part in illegal assemblies during the 2019 protest movement, is also awaiting trial on charges of collusion with foreign powers under the law.
Lai s 71-percent stake in the Next Digital media conglomerate he founded, along with property in local banks of three companies owned by him were frozen under Article 43 of the National Security Law for Hong Kong, the city s Security Bureau said.
AFP
Hong Kong protesters who fled to Canada to escape an ever-widening crackdown on public dissent and political opposition in the city have set up a lifeboat group to support people thinking of leaving the city, RFA has learned.
The Soteria Institute was recently founded to support Hongkongers seeking political asylum in Canada, and to lobby for them once they arrive, a co-founder who gave only the name Alison told RFA. This all began with the [attempt to] bring in legislation under Article 23 of the Basic Law in 2003, she said. Since then, if you watch what the CCP has been doing, it has never stopped trying [control ideology and activism using national security legislation and patriotic education].