The risks include the Chinese government’s ability to gain access to data that foreign companies store in Hong Kong, the FT said Tuesday, citing three people familiar with the matter it didn’t identify.
A new law that allows Beijing to retaliate against anyone complying with anti-China sanctions is also among the US concerns, the newspaper said. The decision was driven in part by the view that companies weren’t taking the issue seriously enough, the FT said.
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in