Hong Kong national security law forces big business to choose sides

UK banks have come out in favor of Beijing proposal, drawing criticism

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HSBC and Standard Chartered Bank abandoned their usual political neutrality. © Sipa/AP

Lionel Barber is former editor of the Financial Times and chairman of the Tate art galleries.

Hong Kong has long enjoyed a uniquely privileged position as a global trading hub between China and the West. This position is now at risk because of the national security law Beijing intends to impose on it, a move that is forcing companies and governments to choose sides in the heated debate over the law's merits.

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