WASHINGTON (REUTERS) - US Secretary of State Mike Pompeo on Tuesday (June 9) chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such 'corporate kowtows' got little in return from Beijing.. Read more at straitstimes.com.
WASHINGTON - US Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such"corporate kowtows" got little in return from Beijing.
Pompeo said the CCP's"browbeating" of HSBC"should serve as a cautionary tale" and referred to the bank's Asia-Pacific CEO, Peter Wong, signing a petition supporting Beijing's plans to impose new security legislation on Hong Kong. Washington sees Huawei as an extension of the Chinese government and urges European allies to exclude it from mobile networks.
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