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July 7, 2020 02:03 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/3UJGD0EZtJs/big-tech-faceoff-with-china-risks-sparking-exodus-from-hong-kong
Big Tech Faceoff With China Risks Sparking Exodus From Hong Kong
Facebook, Google and Twitter -- all of which are blocked in the mainland -- are now headed toward a showdown with China that could end up making Hong Kong feel more like Beijing. From a report: Hours after Hong Kong announced sweeping new powers to police the internet on Monday night, those companies plus the likes of Microsoft and Zoom all suspended requests for data from the Hong Kong government. ByteDance's TikTok, which has Chinese owners, announced it would pull its viral video app from the territory's mobile stores in the coming days. Their dilemma is stark: Bend to the law and infuriate Western nations increasingly at odds with China over political freedoms, or simply refuse and depart like Google did in China a decade ago over some of the very same issues. Much like that seismic event shook the mainland in 2010, Big Tech's reaction now could have a much wider impact on Hong Kongâ(TM)s future as a financial hub. "Google is pretty important to people here, and if that's cut off then it's really extremely serious," said Richard Harris, a former director at Citi Private Bank who now runs Port Shelter Investment Management in Hong Kong. "In Hong Kong we don't know where the boundaries are, and that's threatening to a lot of business people." Over the past week, Hong Kong authorities have begun explaining how they'll enforce a law that officials in Beijing called a ""sword of Damocles" hanging over China's most strident critics. The legislation, which sparked the threat of sanctions from the Trump administration and outrage elsewhere, has had a chilling effect on pro-democracy protesters who demonstrated for months last year while also raising fresh questions for businesses.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/3UJGD0EZtJs/big-tech-faceoff-with-china-risks-sparking-exodus-from-hong-kong
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