Hong Kong’s leader has slammed a “completely unnecessary” US law that could pave the way for economic sanctions against the government and warned it risks backfiring on more than 1,300 American firms based in the city.
Before her weekly cabinet meeting at the Executive Council on Tuesday, Lam said the legislation was groundless. “We believe it was completely unnecessary and unfounded. Hong Kong’s human rights and freedoms are protected by the Basic Law. I want to ask: which aspect of Hong Kong residents’ freedom was being eroded?” she said.“We are highly free in many aspects.
Peter Levesque, group managing director of container terminal operator Modern Terminals, warned that Trump’s decision to pass the act into law would risk Hong Kong losing transshipment business to rivals such as Singapore.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lam: Hong Kong to roll out more relief measuresHONG KONG (ANN): Chief Executive of China&39;s Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on Tuesday (Dec 3) that more relief measures will be rolled out soon to help businesses and residents weather out economic hardship, following three rounds of such policies adopted during the past months.
Source: staronline - 🏆 4. / 75 Read more »
China retaliates against US over Hong Kong unrest | Malay MailBEIJING, Dec 3 — China suspended US warship visits and imposed sanctions on American NGOs yesterday in retaliation for the passage of a bill backing pro-democracy protesters in Hong Kong. The financial hub has been rocked by nearly six months of increasingly violent unrest demanding greater... Yes do it yank them!
Source: malaymail - 🏆 1. / 86 Read more »
China sanctions US over Hong Kong unrest | The Malaysian InsightBeijing introduces punitive measures, bars US warships from port after rights bill goes to Congress.
Source: msianinsight - 🏆 8. / 63 Read more »
China slaps sanctions on US over Hong Kong backingNSTworld The financial hub has been rocked by nearly six months of increasingly violent unrest demanding greater autonomy, which Beijing has frequently blamed on foreign influence.
Source: NST_Online - 🏆 17. / 53 Read more »
Hong Kong leader warns US law will hurt business confidenceHONG KONG: Hong Kong leader Carrie Lam said on Tuesday U.S. legislation supporting protesters may damage business confidence in the financial hub, as she announced a fourth round of relief measures to boost the city’s battered economy.
Source: NST_Online - 🏆 17. / 53 Read more »
Carrie Lam promises another round of relief measures amid a slumpHONG KONG (ANN): The city’s slumping economy - hit by the double whammy of domestic unrest and a trade war between the United States and China - has forced the Hong Kong government to announce a fourth round of relief measures is on the cards. Carrie Lam shd just let HongKong slump so that all the hongkonprotesters are out of job and die of hunger
Source: staronline - 🏆 4. / 75 Read more »