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What’s the future for Hong Kong?

The latest business and finance news from around the world, on the Βι¶ΉΤΌΕΔ.

Just over a year since protests began anew in Hong Kong, the region now faces another perceived crisis: the imposition of a new national security law, which purports to address "subversion, secession, terrorism and foreign interference". Critics say it will erode the judiciary and would be tantamount to making a crime of free speech, protest and dissent. Jodie Schneider with Bloomberg News in Hong Kong explains how fear over this new law could be prompting wealthier citizens to find new homes for themselves, and their money. Simon Littlewood, president of ACG Consulting, says the protests may accelerate the region's decline in favour of Shanghai and Shenzhen. But the independent economist Michael Hughes thinks Hong Kong’s financial power remains useful to Beijing. And the row between China and the US over Hong Kong places South Korea in a difficult position, explains Jen Kwon of CBS in Seoul. Also in the programme, Hong Kong activists express support and solidarity for the Black Lives Matter protests, but how much crossover is there between the two movements?
(Picture: Protestors and Police in Hong Kong. Picture Credit: Getty Images.)

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23 minutes

Last on

Mon 15 Jun 2020 00:06GMT

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  • Mon 15 Jun 2020 00:06GMT