The Biden administration in the United States issued a cautionary note for companies operating in Hong Kong, warning that business risks are increasing, including surveillance by Chinese authorities and the risk of data leaks.
On the 16th, the US Department of State and the Ministry of Finance issued a cautionary note for American companies operating in Hong Kong.
He explained that the Hong Kong National Security Law, which cracked down on anti-government movements, came into effect in June last year, and legal and financial risks that were originally limited to mainland China are expanding in Hong Kong as well. I am.
Specifically, it mentions ▼ monitoring of companies and individuals by Chinese authorities, ▼ data leakage of businesses and customers, and ▼ risk of unjustified detention of foreigners.
In addition, the US government has changed Hong Kong to the same trade restrictions as China, and is calling for a re-examination to see if there are any problems with the transactions so far.
"Chinese and Hong Kong officials are undermining Hong Kong's democratic system," Secretary of State Antony Blinken harshly criticized in a statement.
American companies have developed businesses such as finance in Hong Kong as a relatively free market different from China, but it is likely that they will be forced to review their strategies as the conflict between the United States and China deepens.