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Al Jazeera
Al Jazeera
Business
Erin Hale

For foreign firms in Hong Kong, national security plans bring fresh chill

Hong Kong is one of the world's major financial centres [File: Tyrone Siu/Reuters]

Taipei, Taiwan – As Hong Kong moves forward with controversial new national security legislation, its foreign business community is expressing reservations – albeit quietly – about how new rules concerning “state secrets” could affect the international financial hub’s competitiveness and ease of doing business.

Until February 28, the Hong Kong government is canvassing views on its plans to implement “Article 23” of the Chinese territory’s mini-constitution, which stipulates the need to ban crimes including treason, secession, sedition, subversion and theft of state secrets.

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