HK commerce chief: security law ‘good for stability’

HK commerce chief: security law ‘good for stability’

By Karishma VaswaniAsia business correspondent

Publishedduration43 minutes ago

The controversial national security law (NSL) imposed by Beijing will boost rather than damage Hong Kong's status as a global financial hub.

This is the view of Edward Yau, Hong Kong's Secretary for Commerce.

In an interview with Talking Business Asia, Mr Yau said the one-country-two-systems arrangement with China would remain intact under the law.

The NSL came into effect in June after more than a year of protests sparked by a proposed extradition bill.

The rule of law and judicial independence "are very important pillars, particularly to the international business sector because when they come to do business in Hong Kong they want legal certainty," he said.

"I think the best judgment would be left to people who actually work here and see for themselves how things go,"