Assessing Risks to Hong Kong’s Business Environment
China
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07-Mar-2023
FRACTURED FOUNDATIONS: ASSESSING RISKS TO HONG KONG’S BUSINESS ENVIRONMENT - Hong Kong’s legal and political structure has fundamentally changed since the implementation of the National Security Law in 2020. When changes of this magnitude occur, it is difficult for anyone to know what shifts are transitory, and what adjustments will become permanent features of Hong Kong’s political and commercial environment.
On Tuesday, March 7, the Atlantic Council’s Global China Hub and GeoEconomics Center launched a new report by Logan Wright assessing Hong Kong’s future as a global financial hub. The report provides an objective framework to assess the wager that business conditions for most firms operating in Hong Kong will remain unchanged.
The report analyzes emerging risks to the commercial operating environment in Hong Kong, including currency risks, compliance challenges, threats to judicial independence, access to accurate information, and data security.
ORIGINAL AIRDATE: 03/7/23
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