US warns investors about risks of doing business in Hong Kong


Source: businesslive.co.za businesslive.co.za

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World / Americas US warns investors about risks of doing business in Hong Kong Advisory says business and rule of law risks that were formerly limited to mainland China are now increasingly a concern in Hong Kong 16 July 2021 - 18:02 Nick Wadhams Picture: 123RF / OLEGDUDKO The Biden administration warned investors about the risks of doing business in Hong Kong, issuing an advisory that said China’s push to exert more control over the financial hub threatens the rule of law and endangers employees and data. The advisory published on Friday said Hong Kong’s “new legal landscape” posed particular...