US House passes bill to sanction Chinese banks over Hong Kong

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WASHINGTON, US -- The US House of Representatives passed legislation on Wednesday that would penalize banks doing business with Chinese officials who implement a national security law that House Speak

er Nancy Pelosi called a "brutal, sweeping crackdown" on Hong Kong.

The U.S. Senate passed similar legislation last week, but under congressional rules the bill must return to the Senate and be passed there before being sent to the White House for President Donald Trump to sign into law or veto. The law is a brutal, sweeping crackdown against the people of Hong Kong, intended to destroy the freedoms they were promised," Pelosi said at the House Foreign Affairs Committee hearing.

 

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