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Hong Kong's national security law is bad for business

Operations can continue but controls on speech, data and media will get tighter

| Hong Kong
A barge displays the words "celebrate national security law" on Victoria Harbour on July 1; corporate footprints should be shrunk as the city becomes a less predictable environment.   © Getty Images

Fraser Howie is co-author of "Red Capitalism: The Fragile Financial Foundations of China's Extraordinary Rise."

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