By , TORONTO (Reuters) - As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are hoping to forge a new future.Capital flows out of Hong Kong banks reaching Canada rose to their highest levels on record last year, with about C$43.6 billion ($34.8 billion) in electronic funds transfers (EFT) recorded by FINTRAC, Canada’s anti-money laundering agency, which receives reports on transfers above C$10,000.The previously unreported outflows, the highest...…By , TORONTO (Reuters) - As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are hoping to forge a new future.Capital flows out of Hong Kong banks reaching Canada rose to their highest levels on record last year, with about C$43.6 billion ($34.8 billion) in electronic funds transfers (EFT) recorded by FINTRAC, Canada’s anti-money laundering agency, which receives reports on transfers above C$10,000.The previously unreported outflows, the highest...WW…

By , HONG KONG (Reuters) - Hong Kong has unveiled controversial guidelines for schools in the Chinese-ruled city that include teaching students as young as six about colluding with foreign forces and subversion as part of a new national security curriculum.Beijing imposed a security law on Hong Kong in June 2020 in response to months of often violent anti-government and anti-China protests in 2019 that put the global financial hub more firmly on an authoritarian path.The Education Bureau’s guidelines, released late on Thursday, show that Beijing’s plans for the semi-autonomous Hong Kong go...…By , HONG KONG (Reuters) - Hong Kong has unveiled controversial guidelines for schools in the Chinese-ruled city that include teaching students as young as six about colluding with foreign forces and subversion as part of a new national security curriculum.Beijing imposed a security law on Hong Kong in June 2020 in response to months of often violent anti-government and anti-China protests in 2019 that put the global financial hub more firmly on an authoritarian path.The Education Bureau’s guidelines, released late on Thursday, show that Beijing’s plans for the semi-autonomous Hong Kong go...WW…

By , , WASHINGTON/HONG KONG (Reuters) - U.S. Secretary of State Mike Pompeo told Congress on Wednesday that Hong Kong no longer qualifies for its special status under U.S. law, potentially dealing a crushing blow to its status as a major financial hub.China had undermined Hong Kong’s autonomy so fundamentally, Pompeo said, that he could not support its recertification for its special pre-1997 trading status.China’s plan for new security legislation triggered protests in the territory, and it now falls to President Donald Trump to decide to end some, all or none of the U.S. economic...…By , , WASHINGTON/HONG KONG (Reuters) - U.S. Secretary of State Mike Pompeo told Congress on Wednesday that Hong Kong no longer qualifies for its special status under U.S. law, potentially dealing a crushing blow to its status as a major financial hub.China had undermined Hong Kong’s autonomy so fundamentally, Pompeo said, that he could not support its recertification for its special pre-1997 trading status.China’s plan for new security legislation triggered protests in the territory, and it now falls to President Donald Trump to decide to end some, all or none of the U.S. economic...WW…