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In this episode of India's World focuses on the protests in Hong Kong and what it means for the financial hub and India. Investors are closely watching the progression of the Hong Kong Human Rights and Democracy Act in Washington; for fear that it will further sharpen the risk of making investments in the city. For the moment, the city remains the primary offshore hub for those wanting to do business in mainland China despite over five months of disruptions caused by anti-government protests, with the main damage thus far to sentiment rather than material loss of earnings. But equally unanimous is the feeling that with the pace of the escalation in Hong Kong’s situation in recent months, this could change very quickly, with the bill that could pave the way for diplomatic action and economic sanctions against the city’s government adding to the pressure. For many, the act, which was passed by the US Senate is just the latest in a long line of issues to have damaged the city’s risk profile over the past six months, adding to a complex and uncertain picture, almost a parallel reality to Hong Kong’s erstwhile image as a stable, secure trade and financial hub.
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