Hong Kong’s government warned Washington that withdrawing its special US status, which has underpinned the city as a global financial hub, could be a “double-edged sword” and urged the United States to stop interfering in internal affairs. … [Read more...] about Hong Kong govt warns removing US special status is “double-edged sword”
New year hong kong
The move, which would also allow Chinese intelligence to set up agencies in Hong Kong, has however reignited protests in Hong Kong as thousands took to the streets over the past week to oppose the new laws, prompting police to fire pepper pellets in the heart of the city’s financial district to disperse crowds. … [Read more...] about ‘No cards left’: Hong Kong residents sell up and search for way out as China cements grip
HONG KONG (Reuters) - Hong Kong told the United States to keep out of the debate over national security legislation being imposed by China, and warned that withdrawal of the financial hub’s special status under U.S. law could backfire on the U.S. economy. … [Read more...] about Hong Kong warns removing U.S. special status is a ‘double-edged sword’
HOW COULD IT ALL UNRAVEL? The pandemic has prompted central banks around the world to flood markets with new liquidity. Money that would normally seek a home in Hong Kong may just choose other centres, such as Singapore, in time diminishing the city’s significance. … [Read more...] about Explainer: How important is Hong Kong to China as a free finance hub?
LONDON (Reuters) - The United Kingdom, the United States, Australia and Canada criticised China on Thursday for imposing a new security law on Hong Kong that they said would breach the 1984 Sino-British agreement on the former colony and threaten its freedoms. … [Read more...] about UK, US, Australia and Canada scold China over Hong Kong law