The financial sector of Hong Kong, once a glorious city, is an important part of the global economy. But the Chinese Communist Party (CCP) broke its 50-year promise for Hong Kong to remain free. This comes as Hong Kong passed a draconian law last year allowing Beijing to fully dictate the rule of law in Hong Kong.
The city’s future is in limbo, and their business sector is bound to be in turmoil from here on. In the grand scheme of U.S.–China competition, sanctions are affecting Hong Kong. As Hong Kong embraces the national security law from Beijing, its light of democracy fades to darkness.
We talked with Dr. Edwin Feulner, who warns that the future of doing business in Hong Kong is uncertain. The big picture of U.S.–China engagement and competition may be reflected through Hong Kong. Join us for this special interview.
Views expressed in this article are the opinions of the author and do not necessarily reflect the views of The Epoch Times.