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HONG KONG, Jan 11 (Reuters) - International businesses in Hong Kong see law and order as key for investing, a city government official said on Monday, in response to concern about the impact of a sweeping national security law on the business environment.
Secretary for Commerce and Economic Development Edward Yau said in an interview at a Reuters Next conference that the fact that more money was coming into Hong Kong than leaving was a sign of confidence in the global financial hub.
Many businesses and trade associations have raised concern that a new security law, targeting activities in the former British colony that Beijing considers to be subversion, secessionism, terrorism or collusion with foreign forces, effectively brings Hong Kong closer to China’s authoritarian system and raises uncertainty.
Businesses in Hong Kong want law and order: Commerce Secretary Reuters 1/11/2021 By Anne Marie Roantree © Reuters/Bobby Yip FILE PHOTO: Hong Kong Commerce and Economic Development Secretary Edward Yau speaks in Hong Kong
By Anne Marie Roantree
HONG KONG (Reuters) - International businesses in Hong Kong see law and order as key for investing, a city government official said on Monday, in response to concern about the impact of a sweeping national security law on the business environment.
Secretary for Commerce and Economic Development Edward Yau said in an interview at a Reuters Next conference that the fact that more money was coming into Hong Kong than leaving was a sign of confidence in the global financial hub.