Hong Kong launches bid to attract Canadian companies, but rights group warns of risks


Source: guelphtoday.com guelphtoday.com

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Hong Kong's government is betting that Canadian companies and other overseas businesses will put profits over politics as it tries to lure talent and industry back to the city that has been cracking down on dissent after quashing a pro-democracy protest movement. A Toronto-based official involved in the pitch that was advertised in Canadian newspapers this week says it's targeting companies that want to "just get on with business" and remain "focused on their balance sheets." Billions of dollars in Hong Kong government funding are available to foreign firms setting up shop there. But activists warn that businesses and individuals...