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China has shown it is willing to pay the economic price of suppressing Hong Kong | James Lim

26 days ago   |   By The Guardian

Now that it has its own financial hubs on the mainland, Beijing may be prepared to risk the fate of its golden goose Last week, the Chinese government passed a broad national security law criminalising dissent in Hong Kong. While the law has already had a chilling effect on protests, the consequences for Hong Kong's economy are unclear. Since 1 July, Hong Kong's stock market has climbed. Some foreign businessmen in Hong Kong have dismissed the law's potential effect on business. This incredulity is unsurprising: for decadesHong Kong has thrived as a gateway for international capital into...
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