Protests in Hong Kong initially focused on the need to stop extraditions to the mainland; but the movement has broadened, and recent rallies have turned violent. That raises risks for investors and businesses, says KatrinaHamlin
Luxury group Richemont said on July 18 that sales in Hong Kong had been hit by the political protests that began in June. Watchmaker Swatch, announcing first-year results on July 17, cited a double-digit decline in sales in the city. The city is one of the world’s biggest export markets for Swiss watches.
Tens of thousands rallied in a Hong Kong suburb on July 14, as protesters took their message beyond the city centre. Clashes broke out as demonstrators hurled umbrellas and plastic bottles at police, who retaliated by firing pepper spray. Millions have taken to the streets in the past month in some of the largest and most violent protests in decades over an extradition bill that would allow people to be sent to mainland China for trial. Chief Executive Carrie Lam has said the extradition bill is “dead”, but opponents continue to seek its formal withdrawal.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Hong Kong Protests Drag Nike, Other Global Companies Into UpheavalA broad stripe of businesses from global titan Nike to a local bakery is finding that taking sides, or even appearing to, in Hong Kong’s protests against China’s growing reach can spur popularity—or trigger a backlash.
Baca lebih lajut »
A postcard mailed from Hong Kong in 1993 arrived in Illinois last weekAn Illinois woman is hoping to solve a 26-year-old mystery after a postcard from Hong Kong arrived in her mailbox last week.
Baca lebih lajut »
Taking sides in Hong Kong’s protests presents opportunities for firmsSome companies in Hong Kong have sided more or less openly with protesters
Baca lebih lajut »
Mooncakes, hymns and post-it notes: the color of Hong Kong's protestsMosaics of sticky notes containing supporting messages for protesters have popped up across Hong Kong as the activism powers a wave of cultural expressions
Baca lebih lajut »
How Reuters counted a quarter million people at Hong Kong's protestsHere’s how ReutersGraphics came up with an independent estimate of protesters in Hong Kong streets. Read more in our latest ReutersBackstory
Baca lebih lajut »
Taking sides in Hong Kong’s protests presents opportunities for firmsPocari Sweat, a Japanese sports drink, has gone from a source of hydration to a symbol of political resistance
Baca lebih lajut »