US Congress passes Bill targeting banks over China's Hong Kong security law

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WASHINGTON (REUTERS) - The US Senate passed legislation on Thursday (July 2) to penalise banks doing business with Chinese officials who implement Beijing's draconian new national security law on Hong Kong, sending it to the White House for President Donald Trump's signature.. Read more at straitstimes.com.

WASHINGTON - The US Senate passed legislation on Thursday to penalise banks doing business with Chinese officials who implement Beijing's draconian new national security law on Hong Kong, sending it to the White House for President Donald Trump's signature.

"This is an urgent moment. Our timing could not be more critical," said Democratic Senator Chris Van Hollen, a lead sponsor of the"Hong Kong Autonomy Act," in a Senate speech urging support for the legislation.

 

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