Threat Of Further US Sanctions Over Lawmakers

"); jQuery("#212 h3").html("

"); });
2020-11-12 HKT 08:02
The United States on Wednesday warned of further sanctions against China, which it said "flagrantly violated" Hong Kong's autonomy after the ousting of four pro-democracy lawmakers.
"Beijing's recent actions disqualifying pro-democracy legislators from Hong Kong's Legislative Council leave no doubt that the Chinese Communist Party (CCP) has flagrantly violated its international commitments," said Robert O'Brien, US national security adviser.
He added that the United States would continue "to identify and sanction those responsible for extinguishing Hong Kong's freedom."
On Monday, the United States imposed sanctions on four more officials accused of curbing freedoms in Hong Kong while vowing accountability over China's clampdown in the city.
Edwina Lau, head of the National Security Division of the Hong Kong Police Force, was among the officials who will be barred from travelling to the United States and whose US-based assets, if any, will be frozen.
Wednesday's statement from the US national security adviser in Donald Trump's outgoing administration came in response to the ousting of four of Hong Kong's pro-democracy lawmakers by the city's pro-Beijing authorities.
Hong Kong's other pro-democracy lawmakers reacted by saying they would all quit in protest, reducing the semi-autonomous city's once-feisty legislature to a gathering of loyalists. (AFP)
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more