Hong Kong, business and the national security law
Are Hong Kong's days as a major financial centre now numbered?
Are Hong Kong's days as a major financial centre now numbered? The end of the pandemic has seen renewed economic growth. But some say tough anti-Covid rules and anti-protest laws are undermining what was once Asia's leading financial hub as thousands of people leave the territory. Ed Butler speaks to Edward Chin, a HK hedge fund manager who's now temporarily moved to Canada following the security crackdown. Tara Joseph, President of the American Chamber of Commerce in Hong Kong tells him recruiting foreign workers into the territory is now proving much harder. Vera Yuen, a business lecturer at the University of Hong Kong, says wealth management services for the Chinese are providing big growth for territory. And Mike Bird, the Hong Kong correspondent of the Economist magazine says both the Covid restrictions and the national security law may start to really hurt Hong Kong in the longer term.
( Pic: Sunrise at Victoria Peak,Hong Kong Credit: Jun Chen / Getty)
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- Thu 11 Nov 2021 08:32GMTΒι¶ΉΤΌΕΔ World Service
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