News Snapshot:
The United States on Friday warned its business community of growing risks of operating in Hong Kong following a clampdown by China in the major financial hub. In a long-awaited advisory that has already been denounced by China, US government agencies led by the State Department told entrepreneurs that they face particular risks from the imposition a year ago of a draconian new security law. The advisory said there were "growing risks" that "could adversely affect businesses and individuals operating in Hong Kong." "As a result of these changes, they should be aware of potential reputational, regulatory, financial and, in...
