WASHINGTON - US Secretary of State Mike Pompeo on Wednesday said the United States was"dismayed" by British bank HSBC's reported actions toward certain Hong Kong-related accounts, including those linked to pro-democracy publisher Next Media, and said China was"bullying" the United Kingdom.
"Free nations must ensure that corporate interests are not suborned by the CCP to aid its political repression," Pompeo said in a statement. HSBC has in recent months faced mounting pressure on both sides of the Atlantic, as it attempts to balance its need to maintain access to the Chinese market with appeasing lawmakers in the United States and Britain critical of Beijing's handling of the democracy movement in Hong Kong.
Senior British and US politicians criticised HSBC and Standard Chartered in June after the banks backed China's national security law for the territory.
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