China Sanctions US Citizens, Entities Over Hong Kong
NDTV
Last week, the United States warned its business community of the growing risks of operating in Hong Kong, following a clampdown by China in the major financial hub.
Beijing announced sanctions on seven American citizens and entities Friday in response to a US advisory on deteriorating freedoms in Hong Kong, just days ahead of a visit from a senior Biden administration official. Tensions between Beijing and Washington have soured on a number of fronts, including human rights, trade, cybersecurity and the origins of the Covid-19 pandemic. Last week, the United States warned its business community of the growing risks of operating in Hong Kong, following a clampdown by China in the major financial hub. US government agencies led by the State Department told entrepreneurs that they face particular risks from the imposition of a draconian new security law a year ago, which it said could "adversely affect businesses and individuals operating in Hong Kong."More Related News