Hong Kong no longer has autonomy from China, Mike Pompeo says

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US will end special trade relations with Hong Kong, which could seriously impact the territory’s economy

The US has announced it will no longer treat Hong Kong as autonomous for trade and economic purposes, as China prepares to impose a new security law that would drastically limit civil liberties in the territory.

The US decision could have a serious impact on the Hong Kong economy, which has been used by Beijing as a portal for dealings with the outside world – particularly if its financial sector is hit by sanctions as a result of the move.

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from The Guardian https://ift.tt/2B5H7YF

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