Hong Kong: The US business operating in Hong Kong must rejust their operations and decide whether the risk of operation is commensurate with the prize, the president of the American Chamber of Commerce in Hong Kong said in an interview on Monday with the Associated Press.
Tara Joseph said the company in Hong Kong was arrested in the midst of antagonism between the US and China.
His statement followed the advisory issued by the US government on Friday warnings business on risk in the former British colony.
The relationship between the US and China has deteriorated in the midst of trade war and increased tensions over the Chinese movement to curb political opinion in Hong Kong.
Biden’s administration quoted the Land Landscape Player and Hong Kong Entension which shifted by the government to rule communists in Beijing as a growing risk.
“The business landscape of course becomes more complex than before, we must be in a normal state as far as business goes here,” said Joseph.
” What concerned overall, not only with this adviser, will be a constant tit-for-for-tat between us and China when it comes to Hong Kong (which) in many things captured right in the middle, “he said.
The US government adviser said that operating in Hong Kong could cause damage to reputation and legal damage and privacy data.
Hong Kong authorities slammed him as “unfounding fears, ” accused us of hypocrisy and double standards.
Beijing has been running back with the promised freedom for 50 years to Hong Kong when England handed over the colony in 1997.
Imposition of the Law National security last June has led to the arrest of more than 100 pro-democracy supporters, including Jimmy Lai, the Pro-Democracy newspaper Apple Daily was forced to close after the authorities arrested at least seven staff and freeze assets.
During last year, Hong Kong authorities.
has changed the electoral law, capturing most of the most prominent city pro-democracy activists, and prohibits large-scale protests citing public health risks from pandemics, although several months of some Coronavirus infection.
Move has attracted criticism from the US and other Western governments .
China has replied, said Hong Kong things It is part of China’s internal affairs and other governments should not Inter Fere.
The American Chamber of Commerce in Hong Kong represents US business interests in the city.
It has doubled the commitment, bought a new office to facilitate his work, said the organization last week.
Joseph said Biden administration advisors could influence the perspective of US companies have not operated in Hong Kong.
But this city remains an important center for doing business with mainland China.
Hong Kong has a separate customs area and as if it is an independent justice system, even though the trend has recently set a lot of problems because it falls under national security law has experts worried that the famous “law rules” are being damaged.
“At present, the rule of law is what makes the business bind here in the international environment.
The current commercial law seems very healthy and it is very important for the business community,” Joseph said who were not injured or any real change that occurred There can cause a lot of worries, “he said.
Joseph said he hoped Hong Kong would succeed in maintaining the global standards.” So whatever takes it can make it more difficult for Hong Kong to maintain his role, but we hope there will be an increase in understanding and recognition That it was Win’s victory for people to maintain their business here and for Hong Kong.
To maintain his position as a gateway, “he said.
US companies in Hong Kong face risk, Amcham said
