Pompeo certifies Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade

United States News News

Pompeo certifies Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade
United States Latest News,United States Headlines
  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

JUST IN: Sec. of State Mike Pompeo certified to Congress that Hong Kong no longer enjoys a high degree of autonomy from China. This could result in the loss of HK’s special trading status with the US and threaten its standing as a financial hub

"The State Department is required by the Hong Kong Policy Act to assess the autonomy of the territory from China. After careful study of developments over the reporting period, I certified to Congress today that Hong Kong does not continue to warrant treatment under United States laws in the same manner as U.S. laws were applied to Hong Kong before July 1997," he said in a statement.

Riot police take zero tolerance approach to Hong Kong protests as tensions buildUnder the"One Country, Two Systems" policy, Hong Kong retains limited democracy and civil liberties despite being under Beijing's control. The autonomous region also holds a special trade status with the US, which grants it certain exemptions on trade that are not enjoyed by mainland China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNN /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China expands scope of Hong Kong security legislationChina expands scope of Hong Kong security legislationChina is reportedly expanding scope of draft national security legislation to include organisations as well as individuals, a move that is likely to exacerbate concerns over freedoms in the city
Read more »

China expands scope of Hong Kong security legislation: media reportsChina expands scope of Hong Kong security legislation: media reportsBeijing has expanded the scope of draft national security legislation to include organisations as well as individuals, media reported on Wednesday, a move that is likely to exacerbate concerns over freedoms in the financial hub.
Read more »

Asian shares slip as new Hong Kong tensions riseAsian shares slip as new Hong Kong tensions riseAsian shares slipped on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy.
Read more »

Hong Kong Protesters Meet With Fierce and Swift Riot Police SquadsHong Kong Protesters Meet With Fierce and Swift Riot Police SquadsThousands joined demonstrations across Hong Kong to oppose a bill that would criminalize disrespect of China’s national anthem, as well as a national security law that Beijing has vowed to impose on the city.
Read more »

Hundreds arrested in Hong Kong as tensions boil overHundreds arrested in Hong Kong as tensions boil overRiot police flooded central Hong Kong as people took to the streets to protest the territory's legislators preparing to debate a bill that would make it illegal to insult or abuse the Chinese national anthem.
Read more »

Hong Kong unrest worries curb global shares rallyHong Kong unrest worries curb global shares rallyUnrest in Hong Kong over Beijing's proposed national security laws weighed on global shares and oil prices on Wednesday, offsetting optimism about the re-opening of the world economy.
Read more »



Render Time: 2025-02-13 17:13:09