Hong Kong/Beijing — Hong Kong police made their first arrests under sweeping national security legislation that has dramatically curtailed dissent in the city — less than 24 hours after Chinese legislators handed it down.

Earlier in the day, Hong Kong CEO Carrie Lam called the law the “most important development” in relations between Hong Kong and China since the city’s handover from British rule in 1997, despite the concern about what the measure will mean for its future autonomy from the mainland...

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