News Snapshot:
The Biden Administration on Friday warned its business community of growing risks of operating in Hong Kong due to China’s clampdown. The US Government is putting new pressure as a growing number of Western companies consider abandoning Hong Kong’s financial hub . The Biden Administration also imposed sanctions on seven more Chinese officials in Hong Kong as it vowed there would be a price for Beijing’s imposition of a draconian security law a year ago. “Beijing has chipped away at Hong Kong’s reputation of accountable, transparent governance and respect for individual freedoms and has broken its promise to leave Hong...
