Global lawyers and companies in Hong Kong are unsure about the city’s future as a global business hub following Beijing’s introduction of a new national security law for the city and the tough U.S. sanctions that are expected to follow.
Tuesday’s passing of the new law marked the most significant shakeup to Hong Kong’s constitution since the city’s return to Chinese rule in 1997. With local authorities already strictly enforcing the law just hours after its full text was made public, global law firms are scrambling to deal with clients’ inquiries about how the new law will affect their bottom lines—an increasingly complicated question as the United States ramps up its response.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]