with the United States. Trump did not give details about exactly what steps would be taken.
His decision was in response to China approving a proposal for a controversial new security law for Hong Kong — critics say the law will grant the central government sweeping powers to crush dissent. Regina Ip, a member of Hong Kong's Executive Council and Legislative Council, told CNBC that Beijing could take steps to retaliate if the U.S. freezes the assets of Chinese officials, for instance.
"If the U.S. freezes Hong Kong assets, or Chinese assets, Beijing could take counter measures," she said. "There are no specifics yet, although the Chinese have said that if the U.S. imposes sanctions on Hong Kong, there will be counter measures."The Chinese territory was dogged by months of pro-democracy protests last year that crippled its economy and dealt a heavy blow to its retail and travel sectors.
Hong Kong — a former British colony that was handed over to China in 1997 — is ruled under the "one country, two systems" formula. That framework grants the Asian financial hub freedom of speech and limited autonomy such as its own laws, courts and currency.
Duh!...that would make sense! Targeting US investors In retaliation would be like cutting their own throats!
China will only become more open
China has new foreign investment policy to welcome foreign investors including Americans. Trump started the trade war not China.realDonaldTrump SpeakerPelosi JoeBiden BarackObama
When will world admit what has happened and punish the arrogant communist Chinese government? We know Biden won’t.
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China media bristles at US moves on Hong Kong over national security pushThe China Daily said Trump's pledge to 'take action to revoke Hong Kong's preferential treatment as a separate customs and travel territory', and to impose sanctions on individuals, would hurt the US, and unite Hong Kong with mainland China.
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Hong KongLast week, the Chinese government made the latest and perhaps the most serious move yet to crack down on Hong Kong's semi-autonomy. It's just the latest such effort by Beijing in the decades-long tensions between China and Hong Kong and it seems to take advantage of the quarantine calm that has subdued months of protests. But when did these tensions begin and what have Hong Kongers been fighting for? throughlineNPR Democracy dies in the light as well as the darkness throughlineNPR This has been in the works since China took over in 1997 throughlineNPR I'd love to see this tone used on articles explaining how multiple states are trying to pass legislation banning peaceful protests
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Britain will not 'look away' from Hong Kong responsibilities, says RaabBritain will not look away from is responsibilities to Hong Kong, foreign minister Dominic Raab said on Sunday, repeating London's offer of extended visa rights in response to China's push to impose a new law in the former British colony. Pay more attention to the large-scale protests in the United States. News like that is more valuable and hot. That is the right thing to do. What is happening to Hong Kong is tragic! Actions speak louder than words. Still skeptical.
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Britain will not 'look away' from Hong Kong responsibilities, says RaabBritain will not look away from is responsibilities to Hong Kong, foreign minister Dominic Raab said on Sunday, repeating London's offer of extended visa rights in response to China's push to impose a new law in the former British colony. If you want to design an attractive corporate business event, party flyer brochure banner poster leaflet within 24 hrs. Then, please contact here:- But how much can they do? You gave them away in the first place. You caused all this.
Source: Reuters - 🏆 2. / 97 Read more »