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US businesses in Hong Kong between a rock and a hard place
FT News Briefing
The Biden Administration's Warning to Business in Hong Kong
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The biden administration has been talking tough on china lately. Last week, it issued an advisory warning to us of the risks of operating in hong kong. It cites a national security law which would give basing access to data stored there. But while business groups might not be happy about the crack down in hongKong, they're also not happy about the biden administration's warning.
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