Hong Kong: Protests and the Risks Ahead

    Jun 04, 2020 @ 08:15 PM / by Fred Schlomann

    Hong Kong - 900

    Photo of skyline view across the central section of Admiralty. Photo taken by AIRINC Surveyor Andrew Morollo.

    A summary of the current situation on-the-ground in Hong Kong, prepared by Asia Intelligence

    On 21 May 2020, the Chinese government proposed enacting a new law in Hong Kong on national security regulations, under the provisions of Annex III of its basic law. This proposal, while lacking many details, has created speculation and concern regarding the impact it may have on the political and business environment in Hong Kong.

    Overview

    In light of recent developments, saying that there is a growing sense of panic within the Protest Movement is probably an understatement. Right now, the leadership is still putting on a brave face and is trying their best to pacify the rank and file members. However, they know very well that they are fighting a losing battle. Reality is biting in. They have perhaps realised their bluff has been called and the rules of engagement just changed.

     


    In light of recent developments, saying that there is a growing sense of panic within the Protest Movement is probably an understatement.


     

    Learn about

    • Phoenixism” and what it could lead to in Hong Kong
    • Protest movements including the July 1st planned demonstration 
    • External funding of the movement
    • The current business environment
    • and much more...

    Click the button below to visit our landing page with the rest of this article:

    Landing Page

     


    COVID-19 | Global Mobility Resource Center

    AIRINC COVID-19 Landing Page

    Visit AIRINC's COVID-19 Global Mobility landing page to read the best Mobility-related sources aggregated into one place. 


    2020 MOS - use in blog

    2020 Mobility Outlook Survey | Download Full Report


     

    About AIRINC

    Listen | Partner | Deliver.  For over 60 years, AIRINC has helped clients with the right data, cutting-edge technology, and thought-leading advice needed to effectively deploy talent worldwide. Our industry expertise, solutions, and service enable us to effectively partner with clients to navigate the complexity of today’s global mobility programs. As the market continues to evolve, AIRINC seeks innovative ways to help clients address new workforce globalization challenges, including mobility program assessment metrics and cross-border talent mobility strategy. Our approach is designed with your success in mind. With an understanding of your goals and objectives, we ensure you achieve them. Headquartered in Cambridge, MA, USA, AIRINC has full-service offices in Brussels, London, and Hong Kong. Learn more by clicking here.

     


    Remote Work: Tax and other considerations [Download]

    Remote Work - Tax and other considerations from AIRINC Tax Directors

     

    Topics: Hardship, Global mobility, Hardship Evaluations, ALERT, Insights and Experience, Hong Kong, protests, Coronavirus, COVID-19

    Fred Schlomann

    Written by Fred Schlomann

    As Managing Director of AIRINC Asia- Pacific, Fred has over 28 years of experience in the field of international human resources administration and consulting. His background includes Expatriate Policy Development, Expatriate Program Administration, and International Benefits Plan Design for Unisys Corp. Fred’s experience also includes International Personnel Administration for Goldman Sachs, and International Human Resources Consulting for Arthur Andersen. Fred received his B.A. in Economics and International Relations from Cornell University in 1980. Fred grew up in South America and speaks Spanish and Portuguese. Fred has worked at AIRINC for over 20 years, counseling Global 500 companies on designing, implementing, and managing compensation for their globally mobile employees.