protests: Its status as Asia's top financial center and a link between China and global business is still valued highly, despite the rise of mainland cities such as Shanghai and Shenzhen, according to CNN. We believe the violent protests of recent days do not reflect how the majority of people in this dynamic and advanced economy would choose to be heard, The American Chamber of Commerce in Hong Kong said in a statement Tuesday. Hong Kong prides itself on being an international financial hub, a safe and stable place where foreign companies and investors can do business. The statement came just hours after protesters smashed the windows at Hong Kong's Legislative Council and made their way through the government complex, vandalizing rooms and spray painting the walls with expletives and slogans criticizing the government. Under the terms of the 1997 handover, Beijing promised to respect the semi-autonomous city's distinct political and legal system for 50 years. Monday's protests coincided with the 22nd anniversary of the handover of Hong Kong from the United Kingdom to China.
(news.financializer.com). As
reported in the news.
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