To gauge how these developments have impacted business, AmCham asked its diverse set of member companies for their views in a temperature testing survey, to which 154 members (13% of overall membership) responded between August 7 and August 11.

The American Chamber of Commerce in Hong Kong (“AmCham”) has supported open and constructive dialogue between the United States and the HKSAR for more than fifty years. The Chamber remains committed to the mission we espoused at our founding:

The recent introduction of a Hong Kong National Security law by Beijing authorities has placed a fresh international focus on Hong Kong’s unique “One Country, Two Systems” model and its future outlook.

For more than 50 years, the American Chamber of Commerce has been committed to preserving Hong Kong’s stature as an international business center, and has worked with and supported the Hong Kong SAR government in the development of a world class business hub incorporating the shared values of rule of law, free flow of information and connectivity across the globe.

AmCham has taken a temperature testing survey to see how these announcements are affecting their view of the financial and services hub and their presence in the city.

Washington, D.C. — The U.S. Chamber of Commerce issued the following statement today in response to China’s recent announcement to impose a new national security law on Hong Kong:

“The U.S. Chamber of Commerce represents U.S. companies with a significant presence and long-standing interests in Hong Kong.

AmCham calls for clarification of Beijing’s National Security Law for Hong Kong as risk rises over the city’s future business prospects.

In response to members’ questions about the impact of the ongoing COVID-19 pandemic on employment law issues in Hong Kong, the Law Committee has prepared the following practice points on managing employees’ return to the workplace.

On April 8, AmCham hosted Matthew Goodman from CSIS who shared his insights on the global impact of COVID-19. Below are a few key takeaways from the webinar if you missed it. A quick poll was conducted to gauge audience' sentiment regarding countries' policy responses:

To counter the coronavirus outbreak, AmCham joins hands with Australian, British, French and German Chambers of Commerce in Hong Kong in urging the Hong Kong Government to consider financial support to business to maintain employment.

To support the local retail sector during this difficult time, the HKSAR Government has established the “Retail Sector Subsidy Scheme” under the “Anti-epidemic Fund” which provides relief for the retail sector. Eligible retail stores can receive a one-off subsidy of HK$80,000 per store, while the maximum amount of subsidy for a parent company that operates retail groups or chain stores under the ...

“Supporting SMEs and start-ups is a key priority of AmCham this year, and there is not a time more urgent than now to roll out initiatives to help businesses survive when global markets and supply chains are being seriously impacted by the coronavirus,” said AmCham Chairman Robert Grieves.