Hong Kong’s New Extradition Law Could Prompt Exodus of Ultra-Rich

Hong Kong’s New Extradition Law Could Prompt Exodus of Ultra-Rich
Protesters march along a street during a rally in Hong Kong on March 31, 2019 to protest against the government's plans to approve extraditions with mainland China, Taiwan and Macau. - Critics fear any extradition agreement could leave both business figures and dissidents in Hong Kong vulnerable to China's politicised courts, fatally undermining a business hub that has thrived off its reputation for a transparent and independent judiciary. (Photo by Dale DE LA REY / AFP) Photo credit should read DALE DE LA REY/AFP/Getty Images
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As the Hong Kong government launched changes to extradition rules to allow people to be sent to mainland China for trial, concerns mount that the law could trigger an exodus of the city’s ultra-wealthy individuals and their families.

The proposed changes have already attracted significant opposition from a wide cross-section of society from business groups to rights organizations, who fear that the move could further erode the city’s legal protections and jeopardize the city’s status as an international business hub.