Assessing Risks to Hong Kong’s Business Environment
GeoEconomics Center
•
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
Up Next in GeoEconomics Center
-
Free Markets and Global Development
HOW FREE MARKETS SHAPE GLOBAL DEVELOPMENT - One of the defining questions of our time is whether free markets or economies controlled by authoritarian regimes are better at delivering prosperity for their people.
A panel of distinguished experts held a discussion on free markets and development ...
-
Sustaining and rebuilding Ukraine's e...
HOW TO SUSTAIN AND REBUILD UKRAINE’S ECONOMY - Russia’s war on Ukraine is the greatest violation of international order and the greatest direct challenge to American interests in the past twenty years. As Russia’s military has failed on the battlefield, the Kremlin had waged a deliberate war on U...
-
The real impact of Western sanctions ...
THE REAL IMPACT OF WESTERN SANCTIONS ON RUSSIA
- In 2022, sanctions formed a critical element of the West’s response to Russia’s full-scale invasion of Ukraine. Those sanctions led to a contraction of the Russian economy, cut off Putin’s cronies from their lavish lifestyles in the West, and degra...
