Straddling Asian and European existences by using Hong Kong as a hub has been profitable for many businesses. But as China’s relations with the West have become more fraught, that straddle is turning into an uncomfortable and unsteady split. Making matters worse, the coronavirus downturn is forcing some of these businesses to seek government help—which could make expressing support for views that Beijing frowns upon even more risky in the future. Cathay Pacific, Hong Kong’s flagship carrier, now finds itself in this position....

Source: Wall Street Journal June 09, 2020 10:18 UTC