Business and Human Rights campaign
Our Business and Human Rights Campaign started with the release of our report, ‘Red Capital in Hong Kong: The Invisible Hand transforming the city’s politics’, in March 2021.
The report underlines the way that an influx of mainland money and assets changed the power dynamics in Hong Kong’s politics and provides a warning to democratic governments about the way that Beijing has used ‘economic coercion’ as a key strategy of control in Hong Kong.
Following the release of the report, Hong Kong Watch has researched the growing rise of Western investment in ‘red capital’ and other topics related to business and human rights. We campaign for:
Greater transparency and debate around business and human rights structures which are influencing investments into China.
Increased weighting for human rights within business plans which influence global investments.
The introduction of regulations that will ensure no state-pension funds invest in stocks or bonds of Chinese companies complicit in gross human rights violations in Hong Kong and Mainland China.
The introduction of entities lists banning investment into Chinese companies complicit in gross human rights violations.
Investors in global financial centres across the world working with governments and regulators to establish global standards for ethical investments.