The U.S. government could impose sanctions against China, National Security Advisor Robert O'Brien said on Sunday in response to China's announcement of a new national security law in Hong Kong that would curtail the city's autonomy and democracy.
The draft legislation represents a takeover of Hong Kong, White House National Security Advisor Robert O'Brien said.
This would result in the imposition of sanctions against China under the Hong Kong Human Rights and Democracy Act of 2019, O'Brien said. The draft legislation represents a takeover of Hong Kong, O'Brien said, and as a consequence U.S. Secretary of State Mike Pompeo would likely be unable to certify that the city maintains a "high degree" of autonomy. This would result in the imposition of sanctions against China under the Hong Kong Human Rights and Democracy Act of 2019, O'Brien said.for Hong Kong's autonomy. O'Brien warned that Hong Kong could lose it status as a major hub for global finance.
"If all those things go away, I'm not sure how the financial community can stay there. ...They're not going to stay in Hong Kong to be dominated by the People's Republic of China, the communist party.", the National People's Congress. The session had been delayed for months during the coronavirus pandemic. Hong Kong faced months of at times violent anti-government protests before the pandemic effectively shut China down.
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