香港

Multinationals in Hong Kong fear fallout from new law

Companies worry balancing act between US and China set to become harder

As tensions between the US and China have ratcheted up, multinational companies in Hong Kong have struggled not to stumble on the tricky diplomatic path of keeping both powers onside.

Now foreign businesses in Hong Kong fear that task is about to get much harder.

A new law aimed at punishing western companies which comply with US sanctions is likely to be extended this year to cover business based in the Asian financial hub, according to Chinese state media. This could leave companies wedged between complying with US regulations or getting sued in Chinese courts. 

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