US firms in Hong Kong hope for the continuation of free flow of information
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21 July 2021
Businesses from the US operating in Hong Kong are hoping that the city's government will continue to enable the free flow of information. However, they have been told to reassess their operations and decide if the risks of operating in the city are worth the reward, according to multiple reports. Last Friday, the US government issued an advisory, warning businesses of the growing risks of operating in Hong Kong. The advisory highlighted concerns pertaining to data privacy, transparency and access to critical business information, as well as the risk of breaching US sanctions against Chinese officials and entities.