Tokyo may have a chance to realize a long-held dream of becoming a global financial hub if it can attract people fleeing a Chinese clampdown on Hong Kong, according to a senior Liberal Democratic Party lawmaker.

The LDP began debating details Wednesday about making the capital more attractive to international firms, a day after China¡¯s government asserted broad new powers over Hong Kong with a national security law that risks endangering the city¡¯s appeal as a global business hub.

¡°What Japan offers that Hong Kong doesn¡¯t is freedom,¡± Satsuki Katayama, who heads an LDP panel on foreign labor, said in an interview Tuesday. ¡°If Hong Kong becomes the kind of place where people¡¯s Facebook likes are being checked, will they put up with that? I think people want to live somewhere normal.¡±