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A comment on Hong Kong’s security law is going to devastate its economy. Parent comment

Re:Hong Kong’s security law is going to devastate its economy by smaili on Wednesday May 27, 2020 @12:58PM (#23326232)
Besides sanctions, what other implications would this declaration realistically have?
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Re:Hong Kong’s security law is going to devastate its economy by Kalium on Wednesday May 27, 2020 @01:02PM (#23326297)
Previously, Hong Kong had a status that let it trade with the US under terms very different from those mainland China is subject to.

Clear consequences have not, as near as I can tell, be spelled out yet. The gist is that US trade policy will stop privileging HK. US/HK trade seems to be something like $66 Billion a year, so this is potentially a major thing.

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Re:Hong Kong’s security law is going to devastate its economy by bigie35 on Wednesday May 27, 2020 @02:05PM (#23327292)
It's going to devastate the Swiss watch industry which is already in rough shape from COVID. Hong Kong WAS their No. 1 market.

https://www.nytimes.com/2019/09/11/fashion/watches-hong-kong...

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Re:Hong Kong’s security law is going to devastate its economy by av_engr on Wednesday May 27, 2020 @02:23PM (#23327600)
But the Swiss arm industry probably made some good fortune during the protest by exporting equipment to HK police.
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