There has been an exodus of expats leaving the city since 2020, both due to the NSL and harsh Covid lockdowns. However, Hong Kong remains a global financial powerhouse, and a regional hub for foreign banks. Low taxes and light regulation make it still one of the world’s most attractive markets and cities to live in if you work in finance. Hong Kong’s functioning capitalist economy is likely what is keeping Beijing from extending their reach into the city’s “system” any further.
Local politicians argue safety has returned to Hong Kong under the NSL. While it is undoubtedly true that Hong Kong, like most Chinese cities, is largely safe from violent crime, the overwhelming police presence and high punishment for exhibiting a dissident opinion or identity underscores that physical safety, as important as it is, is only one part of what makes a person feel safe.
Hong Kong politician, Regina Ip, says “I think most of us are happy. The numbers of people affected are actually very limited. The national security laws are irrelevant to most people in Hong Kong”. Most people I’ve spoken with in Hong Kong today are indeed content, living their lives, and making money, disinterested in the politics happening around them, or at least resigned to it. No one talks about the protests that filled the city four years ago.
Yet, 300 arrests have been made under the NSL so far. Dozens of news outlets have left the city. Bookstores have taken books off shelves. Companies have preemptively aligned their data policies with Beijing’s. And people self-censor every day.
In the early 2000s, Hong Kong was a vibrant regional media hub. But in the last 20 years, Hong Kong has dropped more than 118 places in Reporters Without Borders’ press freedom index. The prestigious Hong Kong Foreign Correspondents' Club suspended its annual Human Rights Press Awards after the NSL, and only operates today largely thanks to the premium associates pay to join rather than a declining press membership.
Although it would appear there is little to no space for free political discussion anymore, like my experience living in Beijing in 2019, reality is not always black and white. I study nationalism at a Hong Kong university, and to my knowledge I am yet to encounter external censorship of my work. I run a chapter of the global organisation Young China Watchers, where we regularly host discussions on global affairs.
There is a big difference between having a conversation about politics in a restaurant among friends, and protesting against the government on the street. That is what makes Hong Kong, and China, only “partly free”.