The controversial national security law (NSL) imposed by Beijing will boost rather than damage Hong Kong’s status as a global financial hub.
This is the view of Edward Yau, Hong Kong’s Secretary for Commerce.
In an interview with Talking Business Asia, Mr Yau said the one-country-two-systems arrangement with China would remain intact under the law.
The NSL came into effect in June after more than a year of protests sparked by a proposed extradition bill.
“I think the best judgment would be left to people who actually work here and see for themselves how things go,” he said.
“Particularly when we are going through a difficult time from the social unrest to Covid-19 and also heading towards a lot of uncertainty in the international economic political climate.”
The security law criminalises any act of secession, subversion, terrorism and collusion.
A number of people have already been arrested under