Can Hong Kong survive as a financial hub?

As Beijing tightens the screws on Hong Kong, many fear the death of the territory's autonomy – and of its status as a global financial hub.

With the world distracted by the virus, Beijing has been tightening the screws on Hong Kong, says Timothy McLaughlin in The Atlantic. The Chinese Communist Party says that it will impose a national security law on the semi-autonomous city, bypassing Hong Kong’s own legislature. Opponents fear that this spells a “fundamental shift” in the “one country, two systems” framework under which the financial hub enjoys rights such as an independent judiciary and freedom of speech. US...
source: Money Week

2020-05-29 00:35
Latest news from Money Week
today 10:44 MMT: what is modern monetary theory and will it work?
today 08:38 Covid-19 has caused a spike in divorce – here's how to cope
today 08:38 Buy into UK mid-cap stocks' recovery with this investment trust
yesterday 15:50 Commercial property: retail landlords are missing the madding crowd
yesterday 14:47 Three stocks to buy for healthy long-term growth
yesterday 11:38 How will Britain’s banking sector fare in 2020?
yesterday 10:35 Why the moving average is my favourite charting tool
yesterday 02:11 Will inflation return – or is “Japanification” the real threat?
yesterday 02:11 The charts that matter: gold hits a fresh eight-year high
2020-07-12 18:44 Laura Foll: small companies, income, and the power of equity markets
2020-07-12 16:38 Zhang Yiming: the perfectionist behind the TikTok craze
2020-07-12 13:29 Three ideas for Lloyds Bank's new boss
2020-07-11 17:32 What the Latin Monetary Union – Europe’s forgotten currency – can teach us about the euro
2020-07-11 15:26 The truth about Boris Johnson’s “New Deal” package of infrastructure spending
2020-07-10 17:23 Quiz of the week 4 – 10 July
2020-07-10 14:14 Christopher Wood: hold a growth and value “barbell“ portfolio
2020-07-10 14:14 Bank of England sceptical about pension superfunds
2020-07-10 14:14 China’s stockmarket melt-up will end in tears
2020-07-10 14:14 This landmark pension case could mean big payouts
2020-07-10 14:14 What next for the world economy?
Latest news from Great Britain
today 11:17 Who is exempt from wearing a face mask in England
today 10:57 ‘Huge variation’ in death rates at different hospitals across the country
today 10:57 England and Wales record lowest coronavirus deaths for 15 weeks
today 10:57 Man let German Shepherd starve to death in home ‘littered with faeces’
today 10:57 Kate Middleton says BBC advice for parents is like ‘gold dust’
today 10:57 Google Chrome could finally get the fix it so desperately needs
today 10:56 Sadiq Khan sparks fury in London over transport mask rule: 'Nobody's wearing them!'
today 10:56 Premier League table: Latest standings as Man Utd and Southampton draw
today 10:56 Avengers Endgame directors issue response to Anthony Mackie's 'diversity' criticisms
today 10:56 Iain Duncan Smith lashes out at China in fiery debate - 'We'll take NO lessons from you!'
today 10:56 Hand luggage: Avoid this item to beat Jet2 bag weight restrictions as holidays resume
today 10:56 Farage warns border chaos to explode if Barnier left to his devices 'We're in the endgame'
today 10:56 Second Wave: How could a second wave of coronavirus impact UK? Worst Case scenario
today 10:56 Tesco and Sainsbury’s update product restriction rules for shoppers on six items
today 10:56 Boris Johnson's plans to turn Belfast into Singapore-style tax-free zone exposed
today 10:56 Belgium second wave fears: EU nation increases travel restriction as cases rise again
today 10:56 Madeleine McCann: Kate feared 'sinister' reason behind event night before disappearance
today 10:56 Your BT bill might be going up as broadband firm reveals significant shake-up
today 10:56 Kate Garraway in heartfelt post to GMB co-stars as she issues new husband health update
today 10:56 Sadiq Khan leaves GMB hosts speechless over Boris Johnson admission 'Extraordinary!'
today 10:56 Most dangerous destinations in the world MAPPED - top 10 cities with the most crime
today 10:56 Universal Credit UK: Your payments could be stopped if you don't do this one thing
today 10:56 Should I go back to work? Boris Johnson calls on Britons to consider return to office
today 10:56 Coronavirus cases MAPPED: The 107 areas where cases are RISING - is yours on the list?
today 10:44 MMT: what is modern monetary theory and will it work?
today 10:14 UK COVID-19 death toll nears 56,000 including suspected cases - Reuters tally
today 10:14 UK economy limps out of COVID-19 slump in May
today 10:14 How to get a holiday from £10pp* in the Hull Daily Mail
today 10:14 M62 traffic at standstill as drivers 'trapped' in miles of tailbacks
today 10:14 M62 traffic at standstill as drivers 'trapped' in miles of tailbacks
today 10:08 China’s ownership of UK assets exposes Britain’s broken model
today 10:08 Why Ilhan Omar’s This is What America Looks Like is not the usual bland political memoir
today 09:56 Coronavirus: OBR budget watchdog sees response costs topping £192bn
today 09:53 Anyone not wearing face coverings in shops from July 24 faces £100 fine
today 09:53 The Matrix cinematographer details 'MIND-NUMBING' filming experience - 'Lot of pressure'
today 09:53 Sturgeon makes independence threat to Boris Johnson after new post-Brexit trade bill
today 09:53 Fantasy PremierLeague tips: Seven transfers to consider for Gameweek 36+ - deadline today
today 09:53 Sadiq Khan panic: London Mayor admits capital 'not ready' for local coronavirus lockdowns
today 09:53 Portugal holidays: Algarve holidays face devastation from UK quarantine rule
today 09:53 Huawei shock: Getting Chinese telecoms out of Britain could take 10 YEARS says BT Chief
today 09:53 Face masks: What is classed as a face covering? Can I wear a scarf?
today 09:53 How effective are face masks? And do face coverings REALLY work? Experts reveal all
today 09:53 Big One: Chance of huge California quake 100 TIMES likelier following Ridgecrest tremors
today 09:53 UK economy grew by 1.8 percent in May after record drop as recovery gets underway
today 09:53 What causes indigestion - and how can you treat it? Here's what the experts say...
today 09:53 ISA: Is it possible to use both Help to Buy and Lifetime ISA bonuses? Rules explained
today 09:53 India keen for free trade deal with UK as EU angers New Delhi by slashing rival's tariffs
today 09:53 Black hole: 'Ghost' galaxy offers major breakthrough in birth of supermassive black holes
today 09:53 Kate opens up on 'positive' aspect of lockdown as she admits to facing major challenges
today 09:53 Spain holidays: Surge in new COVID-19 cases threatens mass lockdown in holiday hotspot
Watch the news from UK on Facebook