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U.S. warns companies about doing business in Hong Kong | The Asahi Shimbun: Breaking News, Japan News and Analysis


A woman wearing a face mask walks past a bank s electronic board showing the Hong Kong share index in Hong Kong on July 16. (AP Photo)
WASHINGTON The Biden administration issued a blanket warning Friday to U.S. firms about the risks of doing business in Hong Kong as China continues to clamp down on political and economic freedoms in the territory.
Four Cabinet agencies the departments of State, Treasury, Commerce and Homeland Security released the nine-page advisory that alerts companies about the shifting legal landscape in Hong Kong and the possibility that engaging with Hong Kong business could incur reputational and legal damages. ....

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