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Category: BUSINESS

Posted on 23/05/2020

China’s Move to Dismantle Hong Kong’s Autonomy Poses Dilemma for U.S. Policy

China’s plan to tighten control over Hong Kong presents the U.S. with tough choices between tolerating Beijing’s incursion on the territory’s semiautonomy and retaliating without hurting its largely ... ( read original story ...)

Posted on 23/05/2020

Hong Kong leader says national security legislation to improve business confidence: Xinhua

Hong Kong leader Carrie Lam said late on Friday the Chinese proposal to impose national security laws on Hong Kong will improve business confidence in the city and will not damage the interests of ... ( read original story ...)

Posted on 23/05/2020

Explainer: How ending Hong Kong’s ‘special status’ could affect U.S. companies

New Chinese national security restrictions imposed on Hong Kong could draw a U.S. revocation of the former British colony's "special status" under U.S. law, a move that would have far-reaching trade ... ( read original story ...)

Posted on 23/05/2020

‘Hong Kong is in a state of shock’: New law is China’s latest show of strength

A sweeping security law signals Beijing's determination to crush pro-democracy protests at the risk of deepening its rift with the U.S. It is a bold strategy from Chinese leader Xi Jinping. ( read original story ...)

Posted on 23/05/2020

China Uses the Pandemic to Take Hong Kong’s Autonomy

Over the course of April and throughout May, while much of the world’s attention was trained on the coronavirus’s spiraling death toll, hardly a day passed in Hong Kong without news of arrested ... ( read original story ...)

Posted on 22/05/2020

Stocks teeter as Beijing seeks to tighten grip on Hong Kong

Beijing said Friday it would forego gross domestic product targets as it tries to revive its economy from the damage caused by the COVID-19 pandemic and that it would consider a national security bill ... ( read original story ...)

Posted on 22/05/2020

China’s Tighter Grip on Hong Kong Shakes City’s Business World

The territory’s stock market plunged amid expectations that money would soon be leaving the Asian financial hub, which faces tough new measures from Beijing and retaliation from the United States. ( read original story ...)

Posted on 22/05/2020

After an initial defeat by Hong Kong’s army of protesters, China has begun its revenge

A new proposal would increase China's national security presence in Hong Kong and give more power to law enforcement. ( read original story ...)

Posted on 22/05/2020

Taiwan Urges China to Start Dialogue With Hong Kong People

Taiwan urged China on Friday to "sincerely start a dialogue" with people in Hong Kong after China proposed new national security legislation for the former British colony. ( read original story ...)

Posted on 22/05/2020

Hong Kong stocks drop more than 3% as tensions flare up again between China and the west

Hong Kong's Hang Seng Index dropped more than 3% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. ( read original story ...)

Posted on 22/05/2020

Hong Kong Stocks Tumble on China Crackdown Worries: Live Business Updates

Hong Kong stocks fell by more than 4 percent in early Friday trading after Chinese leaders announced their plans to tighten their grip over the territory and to boost government spending to battle the ... ( read original story ...)

Posted on 22/05/2020

Asian shares fall on US friction with China, Hong Kong fears

Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic. ( read original story ...)

Posted on 22/05/2020

‘Hong Kong is burning’: Former lawmaker on China’s plans for a new security law

Hong Kong is "very anxious, angry and frightened" about Beijing's plans for a new security law, says Emily Lau, former Hong Kong lawmaker from the Democratic Party. She calls on the international ... ( read original story ...)

Posted on 22/05/2020

Hong Kong stocks battered by China security proposal

Real estate companies and financials were among the biggest victims in a stock market sell-off in Hong Kong on Friday after China submitted a security law proposal for the city that has fanned fears ... ( read original story ...)

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