Blog Post: Hong Kong and Business Environment

blog post: These incidents have ... damaged Hong Kong's international image and business environment, Chan wrote in a blog post, according to CNN. For foreign companies and tourists, Hong Kong seems to have become turbulent and insecure, affecting their desire to travel, do business and invest in Hong Kong. Paul Chan, the top finance official in Asia's premier financial hub, said Sunday that the city's mass demonstrations have hurt local merchants and worried all those who are in Hong Kong. Many retail and catering operators have said recent business volume has dropped significantly, he added. Thousands of protesters defied police orders Sunday to march through the center of the city. Beijing to speak out after weeks of Hong Kong protests Chan's remarks came during the eighth consecutive weekend of demonstrations in the city, which is technically a part of China but operates with its own police force and legal system. (news.financializer.com). As reported in the news.

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