US Delays 'made In China Label' Rule By 45 Days
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1545516_1_20200824175823.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1545516-20200824.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1545516-20200824.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-08-24 HKT 12:59
The Secretary for Commerce and Economic Development Edward Yau said Washington has delayed till November 9 an order mandating that goods made in Hong Kong for export to the United States will need to be labelled as made in China.
Speaking at an online seminar, Yau said the US authorities delayed the move for 45 days after a request from representatives from the trade sector. He didn’t elaborate further.
Two weeks ago Washington had issued a notification that all goods made in Hong Kong and exported to the United States will need to be labelled as made in China after September 25.
The move followed Beijing’s imposition of a national security law on Hong Kong and Washington's decision to end the SAR's special status, escalating Sino-US tensions that were already rising over tariffs and the handling of the coronavirus outbreak.
Secretary Yau told the seminar that he hoped things will become calmer after the US presidential election in November.
Asked if it would be better for Sino-US relations if Democrat Joe Biden wins the US presidential election, he said: “I hope there will be a return of some common sense in this sort of battle initiated by the US against China, [and] against Hong Kong.”
“There are sufficient mutual interests to all of us to work for the betterment of our own community and our economy. I hope that sort of common sense will return whoever takes that office,” said Yau.
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more
