On Wednesday, the Senate Committee on Foreign Relations and the Committee on Foreign Affairs of the House of Representatives voted to pass the Hong Kong Human Rights and Democracy Act. Photo: Sam Tsang

US bill on Hong Kong sends further chill through city’s economy, stokes fears of American exodus

  • Hong Kong Human Rights and Democracy Act is unlikely to have major immediate effect, but could further damage confidence in the city as a business hub
  • However, analysts warn that the ‘US business community in Hong Kong have had a glimpse of the future and they did not like what they saw’
Topic |   Hong Kong protests

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On Wednesday, the Senate Committee on Foreign Relations and the Committee on Foreign Affairs of the House of Representatives voted to pass the Hong Kong Human Rights and Democracy Act. Photo: Sam Tsang
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.