Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and Order Management
    • Content and Data
    • Financial Data Management
    • Integration and Distribution
    • Bloomberg Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Tech At Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and
      Order Management
    • Content and Data
    • Financial Data
      Management
    • Integration and
      Distribution
    • Bloomberg
      Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • Bloomberg Environment
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

Bloomberg UK

Switch Editions
  • UK
  • Europe
  • US
  • Asia
  • Middle East
  • Africa
  • 日本
Sign In Subscribe
  • Bloomberg TV+

    Bloomberg Wall Street Week

    Bloomberg Wall Street Week

    David Westin speaks with top names in finance about the week's biggest issues on Wall Street.

    Bloomberg Radio

    Balance of Power

    Balance of Power

    Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration.

    Listen

    Quicktake

    Next Jobs

    Next Jobs

    A Bloomberg Quicktake series about careers of the future hosted by Bloomberg Technology's Aki Ito.

    Also streaming on your TV:

    • Markets
      Markets
      • Economics
      • Deals
      • Odd Lots
      • The FIX | Fixed Income
      • ETFs
      • FX
      • Factor Investing
      • Alternative Investing
      • Economic Calendar
      • Markets Magazine
      Key Speakers At MiSK Global Forum

      Deals

      Saudi Arabia Buys $1.5 Billion Stake in Prince Alwaleed’s Firm

      1 percent in afternoon trading with shares of Facebook, Netflix, Amazon and Google-parent Alphabet all declining. (Photo by Spencer Platt/Getty Images)

      Markets

      After Meltdown, Tech-Bottom Signals Have Yet to Scream ‘Buy Now’

      Market Data

      • Stocks
      • Commodities
      • Rates & Bonds
      • Currencies
      • Futures
      • Sectors

      Follow Bloomberg Markets

      View More Markets
    • Technology
      Technology
      • Work Shifting
      • Code Wars
      • Checkout
      • Prognosis
      Abbott, FDA Formula Deal Stirs Democrat's Ire

      Prognosis

      Dangerous DIY Baby Formula Recipes Go Viral as Parents Get Desperate

      Follow Bloomberg Technology

      View More Technology
    • Politics
      Politics
      • US
      • UK
      • Americas
      • Europe
      • Asia
      • Middle East
      BRITAIN-BUDGET-ECONOMY

      Economics

      Sunak’s Tax Cut Agenda Highlights a Weakness in the UK Economy

      Monkeypox virus detection in Indonesia

      Prognosis

      Biden Says Monkeypox Spread Concerning, Advisers Working on It

      Featured

      • Next China

      Follow Bloomberg Politics

      View More Politics
    • Wealth
      Wealth
      • Investing
      • Living
      • Opinion & Advice
      • Savings & Retirement
      • Taxes
      • Reinvention
      California Cities Top The List Of America's Richest Zip Codes

      Wealth

      A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

      Apple store HP Social

      Investing

      Why Your Index Fund Won’t Protect You From Tech’s Collapse

      Featured

      • How to Invest

      Follow Bloomberg Wealth

      View More Wealth
    • Pursuits
      Pursuits
      • Travel
      • Autos
      • Homes
      • Living
      • Culture
      • Style
      Woods Has Worst PGA Championship Score, Withdraws From Sunday

      Pursuits

      Woods Has Worst PGA Championship Score, Withdraws From Sunday

      Veering From Mad Max, George Miller Debuts '3,000 Years'

      Pursuits

      Veering From Mad Max, George Miller Debuts '3,000 Years'

      Featured

      • Screentime
      • New York Property Prices
      • Where to Go in 2022

      Follow Bloomberg Pursuits

      View More Pursuits
    • Opinion
      Opinion
      • Business
      • Finance
      • Economics
      • Markets
      • Politics & Policy
      • Technology & Ideas
      • Editorials
      • Letters
      State Opening Of Parliament 2022

      Mihir Sharma

      Boris Johnson Is Undermining Britain’s One Superpower

      France's Persistent Protests Put President Macron's Reform Agenda at Risk

      Julian Lee

      Governments Should Stop Trying to Make Gasoline Cheaper

      Australia Holds Election

      David Fickling

      Climate Won Australia's Election. Wielding Power Will Be Harder

      Follow Bloomberg Opinion

      View More Opinion
    • Businessweek
      Businessweek
      • The Bloomberg 50
      • Best B-Schools
      • Small Business Survival Guide
      • 50 Companies to Watch
      • Good Business
      • Subscribe to the Magazine
      Compensation Is Becoming an Even Bigger Headache in the Remote-Work Era

      Future of Work

      Compensation Is Becoming an Even Bigger Headache in the Remote-Work Era

      My History With Scoliosis Made Me Seek a Better Treatment for My Son

      Feature

      My History With Scoliosis Made Me Seek a Better Treatment for My Son

      These Tiny Organisms Are Key to Stopping the Next Pandemic

      The Big Take

      These Tiny Organisms Are Key to Stopping the Next Pandemic

      Follow Bloomberg Businessweek

      View More Businessweek
    • Equality
      Equality
      • Corporate Leadership
      • Capital
      • Society
      • Solutions
      Late Justice Ruth Bader Ginsburg Lies In Repose At U.S. Supreme Court

      Equality

      Supreme Court Abortion Leak Was a ‘Cowardly’ Act, Retired Justice Says

      Demonstrators Attend Nationwide Day Of Action For Abortion Rights

      Equality

      The Knot Worldwide Joins Companies Covering Travel for Abortion

      Demonstrators Attend Nationwide Day Of Action For Abortion Rights

      Society

      Walmart, Lowe's Shareholders Urged to Vote on Abortion Proposals

      Follow Bloomberg Equality

      View More Equality
    • Green
      Green
      • Science & Energy
      • Climate Adaptation
      • Finance
      • Politics
      • Culture & Design
      Water Outages Loom Over Major South African Hub

      Climate Adaptation

      Water Outages Loom Over Major South African Hub

      How Robots Can Help Build Offshore Wind Turbines

      Clean Energy, Faster

      How Robots Can Help Build Offshore Wind Turbines More Quickly

      Featured

      • Data Dash
      • Hyperdrive

      Follow Bloomberg Green

      View More Green
    • CityLab
      CityLab
      • Design
      • Culture
      • Transportation
      • Economy
      • Environment
      • Housing
      • Justice
      • Government
      • Technology
      Baby boy drinking milk from a bottle

      Economy

      Here’s the Latest Ranking by City of Baby Formula Shortages

      Tesla Boom Ushers In Trailer Parks, Tiny Homes in Red-Hot Austin

      Housing

      Biden’s New Housing Plan: Fire Up the House Factories

      Paris Plans to Remove Two Beltway Lanes to Cut Pollution

      Transportation

      Paris Plans to Remove Two Beltway Lanes to Cut Pollution

      Follow Bloomberg CityLab

      View More CityLab
    • Crypto
      Crypto
      • Decentralized Finance
      • NFTs
      • Regulation
      • Technology
      Top U.S. Derivatives Watchdog Testifies Before Senate Agriculture Committee On Crypto

      Crypto

      Crypto’s Bankman-Fried Gave $16 Million to Super PACs in April

      BitBase Cryptocurrency Exchanges After Record Week For Volatility

      Crypto

      Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated

      Key Speakers At The Consensus: Invest Event

      Crypto

      BitMEX Founder Hayes Avoids Prison on Bank Secrecy Charge

      Follow Bloomberg Crypto

      View More Crypto

Live on Bloomberg TV

CC-Transcript

  • 00:00ASIA-PACIFIC VICE PRESIDENT GRANT STRUDWICK . RIGHT NOW PLEASE HAVE BEEN REMOVING PROTESTERS FROM STATIONS ON THE MTR SUBWAY SYSTEM IN HONG KONG. WHAT ARE YOU HEARING FROM YOUR CLIENTS? ARE THEY WORRIED ABOUT WHAT IS HAPPENING? > > IT VARIES CONSIDERABLY IN THE CLIENTS WE ARE DEALING WITH, DEFENDING -- DEPENDING ON THE FOOTPRINT AND THE NATURE OF THEIR OPERATIONS IN MAINLAND CHINA. SOME THAT HAVE A MORE AGILE FOOTPRINT ARE LOOKING TO MOVE AND SOME HAVE ALREADY ENABLED BUSINESS CONTINUITY ELEMENTS OFFSHORE PERHAPS IN SINGAPORE OTHER CITIES IN THE REGION FOR THE SHORT TERM SO THEY ARE LOOKING ABOUT THEIR BUSINESS CONTINUITY IN THE SHORT-TERM. BUT ALSO THE SHORT TERM. BUT ALSO LONGER-TERM ISSUES AS WELL. COMPANIES COMING INTO ASIA FOR PERHAPS THE FIRST TIME, WE ARE AWARE OF SOME THAT HAVE CHANGED THEIR DECISIONS TO SET UP THEIR OPERATIONS IN SINGAPORE. HIS PLAYING ON THEIR MIND BOTH FOR THE SHORT-TERM AND THE SAFETY OF THEIR PEOPLE AND BUSINESS CONTINUITY. AND NOW WE ARE SEEING BUSINESSES DECISIONS BEING MADE FOR THE LONG-TERM RECOGNIZING THAT THIS MIGHT BE RESOLVED IN THE SHORT TERM. THEY'RE STILL 2047 THAT IS LOOMING. THERE NEEDS TO BE SOME RESOLUTION THAT IS CAST INTO THE FUTURE FOR HONG KONG. KATHLEEN: IT SEEMS TO ME YOU ARE ALLUDING TO THE QUESTION OF HOW MUCH THIS HONG KONG STYLE DEMOCRATIC STRUCTURE STILL LINKED TO CHINA, BASICALLY STILL AT CHINA'S CONTROL, HOW LONG THAT WILL LAST. HALEP HOW PART IS THAT TO PEOPLE, THE CUSTOMERS YOU HAVE -- HOW IMPORTANT IS THAT TWO PEOPLE, CUSTOMERS YOU HAVE, DOING BUSINESS IN CHINA -- DOING BUSINESS IN HONG KONG. > > COMPANIES ARE LOOKING AT IT AS THE LONGER-TERM REGLET TORY AND LEGAL ENVIRONMENT OPERATE IN HONG KONG. THOSE THAT HAVE OPERATIONS IN MAINLAND CHINA RECOGNIZE WHAT THAT ENVIRONMENT MIGHT BE. FROM A BUSINESS POINT OF VIEW THERE ABLE TO MAKE DECISIONS AROUND HOW TO OPERATE IN THAT A VARMINT. -- HOW TO OPERATE IN THAT ENVIRONMENT. THE BUSINESS VARMINT COULD BE ANYTHING FOR WHAT IT IS LIKE NOW -- ENVIRONMENT COULD BE WHAT THEY SEE IN MAINLAND CHINA. THE OTHER ISSUE IS MORE ABOUT THE HABITABILITY, THE LIVING AND VARMINT FOR THEIR PEOPLE. AND INDEED THE WORLD -- WELL-BEING OF -- THE ENVIRONMENT FOR THEIR PEOPLE AND THE WELL-BEING OF THEIR HONG KONG WORKFORCE. THERE URGING PEOPLE TO TAKE LAWFUL ACTION AS IS THEIR DESIRE. AND WITHIN THE LAWS OF HONG KONG. BUT I THINK OVER TIME UNDERSTANDING WHAT THE SOCIAL OF OUR MEN'S GOING TO BE LIKE FOR INTERNATIONAL ASSIGNEES -- THE SOCIAL ENVIRONMENT IS GOING TO BE LIKE FOR INTERNATIONAL ASSIGNEES IN HONG KONG WHICH HAS BEEN A GREAT DESTINATION FOR MANY, MANY YEARS TO BRING PEOPLE INTO AND WORK. NOW WE ARE SAYING SOME COMPANY SAYING CANADA IS KNOCKING BACK THE OFFERS TO WORK AND LIVE IN HONG KONG. ALL THESE THINGS START TO PLAY WHILE THEY MY PEOPLE OPERATE IN THE BUSINESS ENVIRONMENT, ATTRACTING THE PEOPLE THEY NEED TO WORK FOR THEM IN HONG KONG A BE AN ISSUE FOR THEM IN THE FUTURE. PAUL: WE ARE SEVERAL WEEKS IN. THE PROTESTS HAVE BECOME MORE DRAMATIC WE HAVE SEEN SHOTS FIRED. THERE WAS A FIRE ON THE STREET. WE'VE ALSO SEEN SATELLITE IMAGES. WE GET TO A POINT WHERE CHINA DOES NOT -- WERE CHINA INTERVENES, WOULD YOU ADVISE YOUR CLIENTS THEN? > > IS A QUESTION THAT IS LOOMING IT A LOT OF QUESTIONS AND CONCERNS OUR CLIENTS HAVE AROUND THAT SPACE. WE ARE NOW IN THE AREA OF WORKING WITH THEM TO UNDERSTAND THOSE RISKS TO UNDERSTAND WHAT COULD BE THE MOST EXTREME ENVIRONMENT THEY'RE LIKELY TO MANAGE IN THE SHORT TERM. UNDERSTAND THE POLICY CONSIDERATIONS. THAT IF THEY'RE GOING TO MOVE PEOPLE OFFSHORE FOR PEERS UPTIME, HOWLING AND SUPPORT THEM FOR. -- FOR PERIODS OF TIME, HOW LONG THEY SUPPORT THEM FOR. WHO THEY ARE GOING TO MOVE. AND HOW THEY SUPPORT THEM. SO I SPIKED. THEIR CONCERN ABOUT TWO THINGS. PEOPLE SAFETY AND THEIR DUTY OF CARE OBLIGATION TO INTERNATIONAL ASSIGNEES. THEY'RE NOT JUST RESPONSE BEFORE THE WORKPLACE BUT ALSO RESPONSE BEFORE IN THE GENERAL LIVING SENSE. THAT IS ONE AREA THERE GRAPPLING WITH. THE OTHER AREAS THEIR DAY-TO-DAY BUSINESS CONTINUITY. DENIAL OF ACCESS FOR SHORT PEERS OF TIME. A LOT OF THE PROTESTS HAVE OCCURRED OVER WEEKEND SPARE NOW WE'RE STARTING TO SEE GENERAL STRIKES AND OTHER IMPACTS THAT ARE GOING TO PERHAPS BE HAPPENING MORE INTO THE FUTURE. AT A MORE UNPREDICTABLE APPROACH TO PROTEST. WHICH WERE INITIALLY FRINGE ELEMENTS OF LEGAL PROTESTS. NOW WE ARE SEEING UNILATERAL ACTION IN OTHER AREAS THAT ARE NOT NECESSARILY AN EXTENSION OF AN OTHERWISE PEACEFUL PROTEST. IT IS VERY MUCH ABOUT WORKING WITH THEM TO UNDERSTAND THE SHORT-TERM OPTIONS TO MAINTAIN BUSINESS CONTINUITY. AND ALSO LOOKING INTO THE MEDIUM AND LONG-TERM S TO HOW THEY CAN DO THAT IN A CHANGED
  • NOW PLAYING

    How Are Protests in Hong Kong Affecting International Businesses?

  • 48:12

    Wall Street Week - Full Show (05/20/2022)

  • 01:48:16

    Bloomberg Markets: The Close (5/20/2022)

  • 09:11

    Homebuyer Challenges

  • 44:43

    'Bloomberg Technology' Full Show (05/20/2022)

  • 08:46

    Inflation Battle Continues

  • 08:09

    Where to Invest in Turbulent Times

  • 09:38

    Be Careful of "Hipster Antitrust" Push

  • 24:05

    Bloomberg New Economy Gateway Latin America

  • 44:22

    Balance of Power Full Show (05/20/22)

  • 07:57

    Crypto Winter Is Just Beginning

  • 21:16

    Bloomberg Markets: Triple Take (05/20/2022)

  • 06:40

    Is There Any Reason to Be Bullish?

  • 02:18

    Stocks Rally Back From Brink of Bear Market

  • 04:31

    'Hipster Antitrust' Rules Are Dangerous, Summers Says

  • 05:10

    There Are Values in This Market, Siegel Says

Stream Schedule:

U.S. BTV+
  • U.S. BTV+
  • U.S. BTV
  • Europe BTV
  • Asia BTV
  • Australia BTV
  • U.S. Live Event
  • EMEA Live Event
  • Asia Live Event
  • Politics Live Event
No schedule data available.

How Are Protests in Hong Kong Affecting International Businesses?

  • Daybreak Asia

  • TV Shows

September 2nd, 2019, 1:43 AM GMT+0000

Grant Strudwick, vice president for Asia Pacific, Middle East and Africa at Pinkerton, a provider of corporate risk management solutions, discusses how the anti-government protests in Hong Kong are affecting international businesses. He speaks with Kathleen Hays and Paul Allen on "Bloomberg Daybreak: Asia." (Source: Bloomberg)


  • More From Daybreak Asia

    • 01:35:58

      'Bloomberg Daybreak: Asia' Full Show (05/20/2022)

    • 05:28

      1879 Advisors' Bruderman on Markets and Strategies

    • 06:04

      Goldman Cuts China’s Growth Forecast to 4%

    • 05:15

      Fmr Independent Member Phelps on Australia's 'Teal' Election Candidates

    All episodes and clips
  • Bloomberg Markets

    "Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.
    More episodes and clips
    • 44:43

      'Bloomberg Technology' Full Show (05/20/2022)

    • 44:22

      Balance of Power Full Show (05/20/22)

    • 06:40

      Is There Any Reason to Be Bullish?

    • 05:22

      Biden Kicks Off Visit to South Korea

  • QuickTake

    Explaining the world with Bloomberg News
    More episodes and clips
    • 01:42

      Ikea to Start Selling Renewable Energy to Homes in Sweden

    • 02:17

      Power of TikTok Shown to Boost Sales

    • 03:03

      Grocery-Store Boom to Outlive Pandemic?

    • 02:45

      Inside the History of Montreal’s Plex Homes

See all shows
Terms of Service Trademarks Privacy Policy ©2022 Bloomberg L.P. All Rights Reserved
Careers Made in NYC Advertise Ad Choices Help