WASHINGTON, June 30 — The United States began eliminating Hong Kong's special status under US law yesterday, halting defence exports and restricting the territory's access to high technology products as China prepares new Hong Kong security legislation. The US move comes as the top...
Government-sponsored advertisements promoting the new national security law are seen at Eastern Harbour Crossing in Hong Kong June 29, 2020. — Reuters pic
“The Chinese Communist Party's decision to eviscerate Hong Kong's freedoms has forced the Trump administration to re-evaluate its policies toward the territory,” US Secretary of State Mike Pompeo said.Last month, President Donald Trump responded to China's plans for the security law by saying he was initiating a process to eliminate special economic treatment that has allowed Hong Kong to remain a global financial center since its handover by Britain in 1997.
In 2018, $432.7 million of goods were shipped to Hong Kong under a Commerce Department exception, mostly relating to encryption, software and technology.
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 to take 'countermeasures' over US ban on military exports to Hong KongBEIJING, June 30, 2020 (AFP): China said on Tuesday that it will retaliate after the US announced it was ending the export of sensitive military items to Hong Kong in response to a controversial national security law for the city.
Read more »
Chinese lawmakers submit Hong Kong national security law for reviewBEIJING, June 29 (dpa): Senior Chinese lawmakers have reviewed the draft of a new law concerning national security in Hong Kong, which could be approved by Tuesday (June 30) by China’s legislature.
Read more »
China to restrict visas for certain Americans over Hong Kong rowMove is in response to the Trump's administration's restriction of US visas for Chinese officials. FMTNews China HongKong
Read more »
China unveils cross border wealth management scheme with Hong Kong, MacauHONG KONG/SHANGHAI, June 29 (Reuters): China announced details of a long-anticipated pilot scheme on Monday linking up investment of wealth management products in Hong Kong and Macau with neighbouring cities, to further integrate the semi-autonomous economies with the mainland.
Read more »
China says will restrict visas for some Americans over Hong Kong row | Malay MailBEIJING, June 29 — China warned today that it would impose visa restrictions on US citizens who had “behaved egregiously” over Hong Kong, ahead of expected approval from Beijing lawmakers for a controversial national security law in the city. China is moving forward on a security law that...
Read more »
China passes security law for Hong Kong giving Beijing sweeping powers, Cable TV reports | Malay MailHONG KONG, June 30 — China's parliament passed national security legislation for Hong Kong today, setting the stage for the most radical changes to the former British colony's way of life since it returned to Chinese rule almost exactly 23 years ago. Cable TV, citing an unidentified source, said...
Read more »