Politics

China’s HK protest reaction risks damaging investor trust

The high-profile departure of the chief executive of Hong Kong's flagship carrier will only underline foreign investor concerns about the risks of doing business in China.

According to an old Chinese saying, a small hole not mended in time will become a big hole that is much more difficult to mend. 

The country’s ruling Communist Party doesn’t appear to be heeding it.

Its increasingly nationalistic, authoritarian and intimidatory approach to Hong Kong’s almost three-month series of protests risks doing longlasting damage to China’s economic ambitions and international reputation.

The latest incident to concern investors and Hong Kong citizens alike was the departure of Rupert Hogg, the chief executive officer of Cathay Pacific Airways, effective Monday August 19, less than two weeks after reporting a strong half-year annual earnings...

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