Mike Pompeo declares Hong Kong no longer autonomous from China

first_img Thus far, the region has been exempt from the sanctions the White House has placed upon mainland China, but that could now change. Edward Thicknesse The declaration could spell the end of the city-state’s status as one of the world’s pre-eminent financial centres, with the decision opening the door for Donald Trump to end some of its trading privileges if he so desires. According to a law passed last year, the state department is required annually to certify whether the state retains enough independence from Beijing to maintain its favoured position. whatsapp (POOL/AFP via Getty Images) US secretary of state Mike Pompeo today told Congress that Hong Kong is no longer autonomous from China, bringing into doubt the region’s unique trading status. (POOL/AFP via Getty Images) Also Read: Mike Pompeo declares Hong Kong no longer autonomous from China “It is now clear that China is modelling Hong Kong after itself”. Listen to our daily City View podcast as we chart the economic fallout and business impact of the coronavirus pandemic. Pompeo’s statement comes after Trump warned yesterday that the US was working on a strong response to the Chinese clampdown. Show Comments ▼center_img However, the announcement of the new laws clamping down on Hong Kong, which many have interpreted as a response to last year’s pro-democracy protests, has led US officials to conclude that it no longer has such a status. As a result, he added, 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. Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoPost FunThe Deadliest Snakes Ever Found On The PlanetPost FunUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoGloriousaOctomom’s Kids Are All Grown Up. Here’s How They Turned OutGloriousaUndo Mike Pompeo declares Hong Kong no longer autonomous from China Wednesday 27 May 2020 5:40 pm (POOL/AFP via Getty Images) Also Read: Mike Pompeo declares Hong Kong no longer autonomous from China whatsapp In a statement, Pompeo said that due to China’s plan to impose new national security legislation on the city, “no reasonable person can assert today that Hong Kong maintains a high degree of autonomy from China, given facts on the ground”. Tags: Hong Kong Business groups have repeatedly warned against such steps, which could severely damage an economic relationship which was worth $66bn in 2018, according to the Office of the US trade representative.last_img

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