WASHINGTON - With Beijing extending its control over Hong Kong with a new national security law, and the US potentially stripping the city of its favoured trade status, worries are growing over the future of the Asian financial hub.
Ironically much depends on the United States. If the US ceases to deem Hong Kong autonomous then what many in Hong Kong fear - that it would become "just another Chinese city" - will be closer to reality. But from the point of view of business, pragmatism rules.
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