Congress May Review HK Ties If Bill Passed: Pelosi
 
                                            
                    "); jQuery("#212 h3").html("

"); });
2019-06-12 HKT 13:46
The speaker of the United States House of Representatives, Democrat Nancy Pelosi, has warned that the US Congress would review Hong Kong ties if the controversial extradition bill becomes law.
Pelosi said the bill imperils the special ties under the 1992 US-Hong Kong Policy Act, enabling Washington to treat Hong Kong as a non-sovereign entity distinct from the mainland China on matters of trade and economics
She warned that if it is passed, the US Congress would reassess whether Hong Kong is "sufficiently autonomous" under the One Country, Two Systems principle.
In a statement offering support to protesters against the bill, Pelosi said the extradition bill "chillingly showcases Beijing’s brazen willingness to trample over the law to silence dissent and stifle the freedoms of the people of Hong Kong."
She also said the proposed legislation "would legitimise and legalise the kidnapping of businessmen, booksellers and anyone that China disagrees with" and undermine the safety of 85,000 Americans living in Hong Kong.
On the record breaking protest rally last weekend, Pelosi said "the hearts of all freedom-loving people were moved by the courage of the one million men and women of Hong Kong who took to the streets on Sunday to peacefully demand their rights, defend their sovereignty and denounce this horrific extradition bill."
The US House speaker was among a group of American politicians that met last month in Washington with a visiting Hong Kong delegation opposing the bill, including former chief secretary Anson Chan and opposition lawmakers Charles Mok and Alvin Yeung.
Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong
The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more
XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week
XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more
Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency
Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more
FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing
FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more
Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature
Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more
How To Build An AI First Bank | Malaysia Banking CxO Roundtable
AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more
 
                                                                                             
                                                                                    

