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Article

17 Jun 2020

Author:
CNBC

Hong Kong: Some businesses may have backed national security law due to pressure from establishment, says think tank

“Hong Kong’s business community sees the need for national security laws, says think tank”, 9 June 2020

… “There’s a significant majority, particularly in the business community — which is more conservative, of course — that accepts that at some point, we should have a security law,” said David Dodwell, executive director of the Hong Kong-APEC Trade Policy Group, a think tank.

The issue, said Dodwell, is not whether or not the city should have a security law, but what the exact content would be and how it would be implemented…

… Beijing approved a plan to institute a national security law in Hong Kong, bypassing the city’s legislature. That raised concerns about China’s increasing grip on the territory, which is governed under the “one country, two systems” principle…

While some businesses have come out publicly to back the national security bill, McGregor said it was likely due to pressure from the establishment.

The public support, he said, is “not unusual in Chinese terms, it’s pretty unusual for Hong Kong.”

“Those companies are getting squeezed and you can see it,” McGregor added…

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