China approves new Hong Kong security law
China's parliament has approved a controversial new national security law for Hong Kong.
China's parliament has approved a controversial new national security law for Hong Kong. Gary Leung runs a business in Hong Kong helping people to move overseas, and tells us he's seen a big increase in emigration enquiries since the security law first emerged. Jodi Schneider of Bloomberg explains how Hong Kong originally established itself as a centre for global business. And we hear from Allan Zeman, chairman of Lan Kwai Fong Concepts Holdings, and Scott Salandy-Defour of Liquidstar, about why they respectively support and oppose the new regulations. However, Robert Lawrence Kuhn is an adviser to the Chinese government and several of the country's big businesses. He says the new law will bring stability to the region.
Also in the programme, the International Labour Organisation estimates that 400 million full-time jobs have been lost in the first half of the year as a result of coronavirus. The organisation's director general, Guy Ryder, discusses the sort of roles that have been hit hardest. Plus we find out why Kweichou Moutai, which makes a quintessentially Chinese alcoholic spirit, has become the most valuable business listed on China's stock market. Lucille Liu is from Bloomberg in Beijing and fills us in.
(Picture: Police confront protesters in Hong Kong on June 28th. Picture credit: Getty Images.)
- Tue 30 Jun 2020 21:32GMT