Protesters walk on a highway near Hong Kong’s international airport following a protest on August 12, 2019.
Vivek Prakash | AFP | Getty Images
Two months of protests in Hong Kong are starting to take a toll on some of the largest global companies, adding to a host of geopolitical concerns as the U.S.-China trade war drags on.
During the past few weeks, management teams at a range of multinational firms have taken to earnings calls to warn of dire consequences if the clashes escalate — including lost revenue and deterred business investment. Many of these companies are already feeling the strains of higher tariffs and a weakened Chinese currency.
Ten weeks of increasingly violent protests have plunged the Asian financial center into its most serious crisis in decades. The growing unrest, sparked by a controversial extradition bill, also represents one of the most formidable popular challenges to Chinese president Xi Jinping since he came to power in 2012.
This week, demonstrations at…