BEIJING - China said on Wednesday it will impose retaliatory sanctions on US individuals and entities after US President Donald Trump signed a law penalising banks doing business with Chinese officials who implement the new Hong Kong national security law.
Trump on Tuesday ordered an end to Hong Kong's special status under US law to punish China for what he called"oppressive actions" against the former British colony. "No special privileges, no special economic treatment and no export of sensitive technologies," he told a news conference. "Today I signed legislation, and an executive order to hold China accountable for its aggressive actions against the people of Hong Kong, Trump said.The executive order calls for blocking the US property of any person determined to be responsible for or complicit in"actions or policies that undermine democratic processes or institutions in Hong Kong," according to the text of the document released by the White House.
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