Tag: business

"China just wants to turn Hong Kong into another Chinese city," said Alex To, 54, who said he runs a small business. "Carrie Lam is just a figurehead. Everything depends on the attitudes of the ... ( read original story ...)

Hong Kong has struggled to spark new industries. It’s largely failed to become a technology hub: It isn’t easy operating a bootstrapped startup in a city where a smallish apartment can rent for over ... ( read original story ...)

Huge crowds of demonstrators had taken to Hong Kong’s streets in increasingly violent protests. Local business leaders had turned against Mrs. Lam. And even Beijing officials were starting to question ... ( read original story ...)

Perhaps more important in the ultra-capitalistic territory, members of Hong Kong’s business community turned on Lam. Reports of tycoons shifting capital out of the city to rival financial centers ... ( read original story ...)

Hong Kong leader Carrie Lam appeared in no mood to compromise on a planned extradition law at recent meetings, according to foreign envoys and business people who met with her. Some of the people ... ( read original story ...)

On Saturday, she did back down, suspending an extradition bill she had been trying to push through the Hong Kong Legislative Council that would allow criminal suspects to be sent to mainland China, ... ( read original story ...)

But criticism of the bill was widespread in Hong Kong, with judges, lawyers, church groups and business leaders all expressing concern. The American Chamber of Commerce warned it could tarnish the ... ( read original story ...)