China Briefing | Hong Kong national security law: all eyes on the US, but Beijing holds all the cards
- Beijing’s timing shows it is prepared for a backlash and for Hong Kong to lose its shine as a financial centre; better that than let the city slip out of its control
- However, reports of Hong Kong’s demise are premature. The effect of any US sanctions is likely to be more symbolic than material

But it is still too early to predict the demise of Hong Kong or what Hong Kong will become. Full details of the law and how it will be implemented have not been released. Reports have indicated that the NPC’s standing committee is expected to flesh out the law with detailed implementation measures within the next one or two months.

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How China is drafting a new Hong Kong national security law at the National People’s Congress
In response, Chinese officials and state media have argued that Hong Kong is constitutionally obliged to enact the national security law to ban “secession, subversion, infiltration, and sabotage activities” against the Chinese government, as well as interference in Hong Kong’s internal affairs by foreign forces. As Hong Kong itself has failed to legislate the law since 2003 when a similar law was shelved because of strong popular opposition, Beijing has finally decided to step in, signalling the end of its patience after nearly 20 years of waiting.
