Chinese legislation threatens U.S. corporations undertaking business in Hong Kong, federal organizations alert

4 hazards: The threats slide into four classes, the Departments of State, Treasury, Commerce and Homeland Protection warned in the advisory. They include business dangers from the legislation, like the threat of arrest or sanction by Chinese authorities, information privacy and surveillance dangers from authorities, transparency challenges and obtain to business details, and possible get hold of with men and women and entities sanctioned by the U.S. federal government.

Huge market: The possible impacts are large. U.S. immediate expenditure in Hong Kong totaled $82 billion in 2019, approaching the volume invested in all of mainland China, which arrived in at

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US warns companies about undertaking business enterprise in Hong Kong | Business enterprise Information

Persons stop by the once-a-year e book honest in Hong Kong on Wednesday. The booksellers are providing a decreased variety of books deemed politically delicate, as they try out to keep away from violating a sweeping countrywide safety legislation.

WASHINGTON — The Biden administration issued a blanket warning Friday to U.S. companies about the dangers of doing small business in Hong Kong as China proceeds to clamp down on political and financial freedoms in the territory.

4 Cabinet businesses — the departments of State, Treasury, Commerce and Homeland Security — released the nine-site advisory

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