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US companies facing danger in Hong Kong: American Industry Association

Hong Kong. Tara Joseph, president of the Hong Kong department of the American Chamber of Commerce, mentioned US firms working in Hong Kong ought to reevaluate their enterprise and decide whether or not the dangers related to working there outweigh the advantages. Joseph mentioned that Hong Kong firms are caught between animosity between the US and China. He mentioned this after the US authorities issued an advisory to warn companies concerning the dangers within the former British colony. Relations between the 2 international locations have deteriorated because of the ongoing commerce struggle between the US and China and China’s dedication to quell political discontent in Hong Kong. Joseph mentioned the enterprise panorama has actually turn into extra advanced than it was earlier than. The American Chamber of Commerce in Hong Kong represents American enterprise pursuits within the metropolis.

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