Business confidence shaken in Hong Kong as government moves to pass extradition Bill

Riot police officers clash with demonstrators during a protest against the government-proposed extradition Bill, outside the legislative council building, on June 9, 2019. PHOTO: DPA
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HONG KONG - Business confidence in Hong Kong is under more pressure as the government moves to secure a quick passage of the extradition Bill that has stoked fear in parts of the community, although some observers believe this unease will dissipate.

Economics associate professor Terence Chong of the Chinese University of Hong Kong believes companies will remain in the territory while acknowledging that foreign organisations feel that "there's some instability now in Hong Kong".

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