US Sanctions 14 Beijing Officials Over HK Expulsions

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

Related News Programmes

"); });

2020-12-08 HKT 00:27

Share this story

facebook

  • The SAR government last month expelled four opposition members from Legco after China’s parliament gave city authorities new powers to curb dissent. File photo: Shutterstock

    The SAR government last month expelled four opposition members from Legco after China’s parliament gave city authorities new powers to curb dissent. File photo: Shutterstock

The United States on Monday imposed financial sanctions and a travel ban on 14 mainland officials over their alleged role in Beijing's disqualification last month of elected opposition legislators in Hong Kong.

The move, which sent Asian stock markets lower after it was reported on Monday, targeted the vice chairpersons of the National People’s Congress Standing Committee (NPCSC), the top decision-making body of the Chinese legislature.

The action was widely seen as part of an effort by outgoing US President Donald Trump to cement his tough-on-China legacy and also box president-elect Joe Biden, before he takes office on January 20, into hardline positions on Beijing at a time of bipartisan anti-China sentiment in Congress.

The Trump administration earlier slapped sanctions on Chief Executive Carrie Lam, current and former police chiefs and other top officials in August for what it said was their role in curtailing freedoms in a crackdown on the territory’s pro-democracy movement.

"Beijing’s unrelenting assault against Hong Kong’s democratic processes has gutted its Legislative Council, rendering the body a rubber stamp devoid of meaningful opposition," US Secretary of State Mike Pompeo said in a statement.

Hong Kong government last month expelled four opposition members from the legislature after the NPC gave SAR authorities new powers. The move triggered mass resignations by pro-democracy lawmakers.

White House national security adviser Robert O’Brien said in November the expulsion showed the “One Country, Two Systems” formula was now “merely a fig leaf”, and he promised further US action.

Pompeo said the NPCSC has effectively "neutered" the ability of people in Hong Kong to choose their elected representatives. "These actions demonstrate once again Beijing’s complete disregard for its international commitments under the Sino-British Joint Declaration, a UN-registered treaty."

The sanctions prohibit the 14 individuals and their immediate members from traveling to the United States. Any assets the officials might have within the United States will be blocked and US individuals and companies will be banned from dealing with them.

The news kept global markets on edge as investors fretted over fresh Sino-US tensions, which offset bets over more stimulus in Europe and the United States. (Reuters)

______________________________



Last updated: 2020-12-08 HKT 09:03

RECENT NEWS

HashKey Capital Partners With Tiantu AM To Explore Virtual Asset Funds

HashKey Capital has signed a memorandum of strategic collaboration with Tiantu Asset Management (Tiantu AM), a wholly o... Read more

You Can Now Make Alipay Payments With AR Glasses

RayNeo and Ant Group have announced a partnership to develop digital payment solutions for global use. The collaboratio... Read more

JICA Goes Live With Finastras Loan IQ In First Japan Deployment

Finastra has announced that the Japan International Cooperation Agency (JICA) has gone live with its Loan IQ platform. ... Read more

Japan Set To Approve First Yen-Backed Stablecoin

Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of the country’s first yen-backed stab... Read more

Indonesia And China Begin Trials For Cross-Border QRIS Payments

Bank Indonesia (BI) and the People’s Bank of China (PBOC) have begun a series of trials for cross-border QR code paym... Read more

ANZ Appoints Ender Tanar As Japan Country Head

ANZ, headquartered in Melbourne, Australia, announced the appointment of Ender Tanar as Country Head for Japan, reporti... Read more