Daily Memo: The Dangers of Doing Business in Hong Kong

Washington is warning U.S. businesses of the risks of operating in the city.

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U.S. warning. The Biden administration on Friday issued a formal warning for U.S. businesses about the dangers of operations in Hong Kong. The focus of the advisory was on “operational, financial, legal, and reputational” risks resulting from China’s national security law for the city, though it stopped short of explicitly warning that multinational firms may […]

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