As Hong Kong passed a new national security law, the city that evolved from a swampy fishing village to a financial center embarked on another transformation, one that may redefine its role on the world stage and the liberties of its citizens. For the government and supporters of Beijing, the legislation is the keystone in fulfilling a constitutional duty, heralding a new era focused squarely on economic prosperity. It will take effect on Saturday.
How will this affect business people, financial professionals and journalists? Financial professionals who often deal with sensitive corporate information are worried about some provisions related to the protection of state secrets because they echo the broad definition of secrets used in mainland China, which covers economic, social and technological developments beyond traditional security fields.
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