The U.S. government on Friday warned of the "growing risks" businesses operating in Hong Kong could face as China tightens its grip on the former British colony under a newly enacted national security law, while imposing sanctions on seven Chinese officials."Hong Kong's business environment has deteriorated in the past year," Secretary of State Antony Blinken said in a statement, noting that Beijing's crackdown on democracy in the region has chipped away the region's reputation for "accountable, transparent governance and respect for individual freedoms."Hong Kong's economic openness and fr…READ FULL ARTICLE