The US Senate Approved The Introduction Of Sanctions Against China If The Autonomy Of Hong Kong Is Limited
The US Senate on Thursday unanimously approved a bill that provides for the introduction of sanctions against Chinese individuals and businesses if Beijing decides to limit the autonomy of Hong Kong.
The initiative called the "Hong Kong autonomy Law" provides, in particular, for the imposition of sanctions against banks that serve Chinese officials involved in the adoption of the Hong Kong national security law. Now it must be approved by the House of Representatives of Congress, after which the document will be sent for signature to US President Donald Trump.
Earlier, according to the newspaper Politico, the passage of this initiative was temporarily blocked at the request of the White House by Republican Senator Kevin Kramer (from North Dakota), who previously openly supported it. This step was made to make several "technical changes" to the bill, agreed with the Washington administration.
Last week, Secretary of state Michael Pompeo said that the United States authorities are currently studying which representatives of the Chinese authorities can impose sanctions against in connection with the situation in Hong Kong.
About Hong Kong
On May 28, the national people's Congress (the highest legislative body of the people's Republic of China) adopted a resolution on the development of a law on ensuring national security in Hong Kong. It is expected that thanks to the new legal act, the authorities in Beijing will be able to quickly stop the actions of radicals, which from June to November last year caused many riots that caused significant damage to the region's economy. During the year, the police arrested more than 9 thousand offenders who were engaged in blocking roads, violence, arson, and acts of vandalism.
The text of the document is under development and should be approved soon. The main task is to create a particular structure of the Central government of the people's Republic of China on the territory of the special administrative region, which will quickly eliminate the manifestations of violence and aggression that have recently resumed.
The white house perceived China's initiative as a violation of Hong Kong's Autonomous status and promised to respond with sanctions. On May 29, Trump said that in connection with such actions by Beijing, the American side began the process of canceling all the benefits that this peculiar administrative region enjoyed in trade and economic relations with the United States.