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What happens when a business city like Hong Kong locks up a businessman like my friend Jimmy Lai


Published on 2024-12-05 08:00:48 - Bill Williamson, WOPRAI
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  • For years Hong Kong rivaled London and New York as a global financial center. No more. Global financial centers don't have political prisoners.
The article from Fortune discusses the case of Jimmy Lai, a prominent Hong Kong businessman and pro-democracy advocate, who has been imprisoned under the national security law imposed by Beijing. Lai, known for founding the now-defunct Apple Daily newspaper, has become a symbol of resistance against the erosion of freedoms in Hong Kong. The piece highlights how his arrest and the subsequent crackdown on dissent have sent shockwaves through the business community, illustrating the chilling effect on free speech and business operations in the city. It explores the broader implications for Hong Kong's status as a global financial hub, questioning whether the city can maintain its allure for international business when political freedoms are curtailed. The narrative also touches on personal anecdotes from the author's friendship with Lai, emphasizing his resilience and the moral dilemmas faced by those who remain in Hong Kong under the new political climate.

Read the Full Fortune Article at:
[ https://fortune.com/2024/12/05/when-business-city-hong-kong-locks-up-businessman-my-friend-jimmy-lai-finance-politics/ ]
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