Similar Stories to 76% Of U.s. Companies In Hong Kong Are Worried About Security Law, Chamber Of Commerce Survey Finds on Bing News

Iain Marlow / Bloomberg, Time
Mon, 07/13/2020 - 12:40am

A majority of U.S. businesses operating in Hong Kong are worried about the impact of the controversial national security law recently imposed on the city by China, according to a survey from the American Chamber of Commerce. The lobby group said 76% of companies were concerned about the sweeping measures barring subversion, secession, terrorism and foreign collusion, with most being “extremely concerned.” The poll of member companies — which AmCham described as a “temperature test” of members’ sentiments rather than a scientific study — received responses from 183 firms, more than half of which have headquarters in the U.S. When asked what concerned them most about the law, companies largely echoed concerns voiced by foreign governments and civil society groups, saying they are worried about the ambiguity of the legislation’s scope and enforcement, the threat it poses to Hong Kong’s prized independent judicial system and the risk the city could lose its status as a global financial hub. “The potential for arbitrary application of the national security law is frightening to many and Hong Kong’s judiciary is powerless to protect the people and rule of law,” one respondent told AmCham.

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