Economy

China’s parliament adopts plan to impose security law on Hong Kong

China’s parliament adopts plan to impose security law on Hong Kong”

During the months of anti-government protests, some activists have defaced the Chinese flag, called on foreign powers to send troops into Hong Kong, and waged a campaign of vandalism against businesses they see as being loyal to Beijing.

This year's session started on May 22, after a delay of over two months due to the coronavirus epidemic.

Britain, the United States, Canada and Australia in a joint statement said China's decision to impose the new national security law on Hong Kong lies in direct conflict with its worldwide obligations under the principles of the legally binding, UN-registered Sino-British Joint Declaration.

"We have wanted to use any method to stop this national anthem law getting passed by this legislature, which is basically controlled by the Chinese Communist Party, because the law is just another way of putting pressure on Hong Kong people", Chu said outside the chamber. "Today, I reported to Congress that Hong Kong is no longer autonomous from China, given facts on the ground", Pompeo tweeted.

Pompeo issued the statement a day after President Trump issued a threat that if China imposes its new national law on Hong Kong the island would lose its role as a 'financial hub'.

The move has already sparked a new wave of anti-mainland protest.

The proposed law has prompted protests in Hong Kong and has been denounced internationally, with observers warning it could curtail numerous fundamental political freedoms and civil liberties guaranteed in the agreement handing the city over from British to Chinese rule in 1997.

Now, as you know, for 30 years, the USA has treated Hong Kong with special status.

More news: Brazil leads daily virus deaths for fifth straight day

Trump also teased reporters Tuesday that US action would come this week, without revealing what he was planning. Ending Hong Kong's special status would take more action from the White House, and potentially Congress, to alter specific commercial and diplomatic arrangements.

Following is some comment on what people are saying about the latest developments in Hong Kong.

"It would change Hong Kong as we know it today". We'd probably see capital flight and American citizens leaving.

'He said to me that he's displeased with China's efforts and that it's hard to see how Hong Kong remain a financial hub if China takes over, ' press secretary Kayleigh McEnany said at a White House press briefing Tuesday. "There are choices to be made here".

The vote on Thursday, the end of a weeklong session of Beijing's rubber-stamp legislature, the National People's Congress, approved a decision to "establish and enhance the legal framework and enforcement mechanisms for national security" in Hong Kong, state broadcaster China Central Television said. The move could trigger a range of actions by the Trump administration, from sanctions on Chinese officials to revoking the city's special trading status with the U.S. In recent weeks, the President had repeatedly excoriated Chinese officials for trying to cover up COVID-19 when it first emerged late a year ago.

Mr. Pompeo has defied China by cultivating closer ties with Taiwan, which Beijing views as a renegade province.

"Already, global business is facing the pressure of increased tension between the US and China, but the enactment of China's security law for Hong Kong could take the tension to a whole new level", said Tara Joseph, president of the American Chamber of Commerce in Hong Kong. In a speech Friday, Prime Minister Li Keqiang omitted the usual qualifier "peaceful" when describing his government's desire to take control of the island.

Pompeo said in past weeks that he had delayed the required report to Congress because they were "closely watching what's going on there".



Like this

loading...
loading...

Latest


28 May 2020
New York Stock Exchange Reopens Trading Floor After 2-Month Closure
New safety measures will require traders to wear masks and avoid public transportation, while plexiglass barriers have been erected to promote social distancing.

28 May 2020
Hong Kong 'no longer autonomous from China' - Pompeo
The series of protests were aimed at compelling mainland China to abandon its plan to preselect candidates for Hong Kong's leadership elections.

28 May 2020
New York Public Library considering curbside pickup service
Requests may also be done over email ( reference@oleanlibrary.org ), or by private messaging on the library's Facebook page. The San Diego Public Library is offering contact-free pickup service at 11 of its branches beginning Tuesday.

28 May 2020
New Zealand Discharges Its Last COVID Patient From The Hospital
Dauphin County has three new deaths reported at 66 and over 1,100 cases, and Juniata remains with 95 cases and four deaths. She said New Zealand will continue to observe its current Level 2 lockdown rules until at least June 22.

28 May 2020
Ruby Rose breaks silence on Batwoman exit: "It wasn’t an easy decision"
Deadline reports that both Ruby and the team on the show were not happy, it was not a good fit and that they chose to part ways. The CW series will go on without the star , with producers instead opting to cast a new LGBT+ actor in the central role.

28 May 2020
Stroll appoints Mercedes chief as new Aston Martin CEO
Neil Wilson of Markets.com described the share price rise as "a pretty damning indictment" of Mr Palmer's tenure. The collapse in the share price - £19 in 2018, 35p last week - underlined the urgency for change.

28 May 2020
Dominic Cummings 'might have broken lockdown rules'
But the handling by No 10 of the fallout had been poor, in not addressing the growing anger early with a full statement, Mr Ellwood said.

28 May 2020
'Liverpool have been a machine' - Mbappe praises Klopp's 'ruthless' side
At just 21, Kylian Mbappe is already a four-time Ligue 1 victor and a World Cup champion to go with numerous other honours.

28 May 2020
U.S. coronavirus death toll crosses 100,000 in harrowing milestone
Worldwide, the virus has infected over 5.6 million people, killing over 350,000, according to Johns Hopkins University. The news comes as the majority of states begin reopening their economies to a number of businesses.

28 May 2020
Gold Off 2-Week Low Amid US-China Tensions
Asian shares slipped as political unrest in Hong Kong rekindled concerns about the disruptive protests seen a year ago . China's Shanghai Composite was up 0.43% while the Shenzhen Component was up 0.24%, reversing its earlier losses.