Xi’s vision for patriotic and prosperous Hong Kong a hard sell for foreign firms

Analysis: Chinese president emphasises new era of stability but businesses balk at political risksPresident Xi Jinping, in his first trip outside mainland China since the Covid pandemic began, declared a new era for Hong Kong, which, in his words had “risen from the ashes”. New priorities have been set for a city that until two years ago was engulfed in street protests: political loyalty, social stability and economic development.Xi praised the “one country, two systems”