Businesses Face Uncertainty in Hong Kong

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The future of TikTok is in doubt as the United States government considers barring the app from operating in the country. This comes in the wake of India’s decision to block the Chinese company. Plus, China’s new national security law is having an impact on businesses and finance in Hong Kong. Millions of companies that do business in Asia’s financial center could be in danger of violating the new national security law. That could mean penalties ranging from fines to the confiscation of funds.

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