Hong Kong slams ‘misleading’ Forbes article calling city’s economy ‘risky’ - News Summed Up

Hong Kong slams ‘misleading’ Forbes article calling city’s economy ‘risky’


It highlighted findings of a report by the US Committee for Freedom in Hong Kong Foundation. Hong Kong has hit back at an article published in a major US business magazine, calling it a “misleading” report that made false claims against the city’s implementation of global sanction rules and national security laws. “It is incontrovertible that safeguarding national security will provide a better business environment for businesses operating in Hong Kong,” he said. The foundation’s report further claimed that the Hong Kong government had “played a leading role in sanctions evasions”. “All these are conducive to preventing attempts to make use of Hong Kong as a base to violate United Nations Security Council sanctions, and hence safeguarding the international reputation of Hong Kong,” he said.


Source: Forbes August 01, 2024 04:56 UTC



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