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US Warns Of "Growing Risks" For Business In Hong Kong

US Warns Of "Growing Risks" For Business In Hong Kong

NDTV
Friday, July 16, 2021 03:30:17 PM UTC

US government advisory to businesses spoke of "growing risks" that "could adversely affect businesses and individuals operating in Hong Kong."

The United States on Friday warned its business community of growing risks of operating in Hong Kong following a clampdown by China in the longtime financial hub. A government advisory to businesses spoke of "growing risks" that "could adversely affect businesses and individuals operating in Hong Kong." "As a result of these changes, they should be aware of potential reputational, regulatory, financial and, in certain instances, legal risks associated with their Hong Kong operations," it said.
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