Security law brings Hong Kong's future as business hub into question
A tough new security law comes at a time when businesses were already wary of the city.
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A tough new security law comes at a time when businesses were already wary of the city.
Capital has been flowing into the bay area, but questions linger about its appeal to investors.
Hong Kong outlined a new, tougher national security law that would bring it more in line with mainland China, where a crackdown on espionage has landed a number of business executives in detention.
Commerce chambers also call for ‘seamless travel into Greater Bay Area’ using only Hong Kong identity cards and option of self-service clearance channels for expats.
Thomas Gnocchi, head of the EU office for city and Macau, says political climate has affected companies and individuals thinking of coming to Hong Kong.