Police officers prepare to disperse a protest against the extradition bill in Hong Kong on June 12. As the China-US economic cold war escalates, and rising regulatory hurdles make it harder for Chinese companies to raise capital in the US, Hong Kong will become immensely valuable to China as an offshore financial centre. Photo: DPA
Minxin Pei
Opinion

Opinion

Minxin Pei

The US could make Hong Kong – and China – pay an economic price for the extradition bill

  • The US-Hong Kong Policy Act has teeth to deter China from violating its commitment to ‘one country, two systems’ in Hong Kong. Beijing needs to remember Hong Kong’s value as a financial centre, especially as the trade war drags on

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Police officers prepare to disperse a protest against the extradition bill in Hong Kong on June 12. As the China-US economic cold war escalates, and rising regulatory hurdles make it harder for Chinese companies to raise capital in the US, Hong Kong will become immensely valuable to China as an offshore financial centre. Photo: DPA
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Hong Kong Chief Executive Carrie Lam and Secretary for Justice Teresa Cheng on their way to a media briefing a day after a massive protest against the extradition bill on Sunday. Photo: Sam Tsang
David A. Rezvani
Opinion

Opinion

David A. Rezvani

Extradition law won’t be worth the resultant loss of market confidence in Hong Kong

  • As long as Hong Kong’s status as China’s premier international financial centre is valuable to Beijing, local officials should be mindful that they will be making a grave mistake in pushing through the legislation

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Hong Kong Chief Executive Carrie Lam and Secretary for Justice Teresa Cheng on their way to a media briefing a day after a massive protest against the extradition bill on Sunday. Photo: Sam Tsang
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