Pompeo certifies Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade

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Pompeo certifies Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in trade
France Dernières Nouvelles,France Actualités
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JUST IN: Sec. of State Mike Pompeo certified to Congress that Hong Kong no longer enjoys a high degree of autonomy from China. This could result in the loss of HK’s special trading status with the US and threaten its standing as a financial hub

"The State Department is required by the Hong Kong Policy Act to assess the autonomy of the territory from China. After careful study of developments over the reporting period, I certified to Congress today that 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," he said in a statement.

Riot police take zero tolerance approach to Hong Kong protests as tensions buildUnder the"One Country, Two Systems" policy, Hong Kong retains limited democracy and civil liberties despite being under Beijing's control. The autonomous region also holds a special trade status with the US, which grants it certain exemptions on trade that are not enjoyed by mainland China.

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