US Senate Unanimously Backs HK Autonomy Bill

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

Related News Programmes

"); });

2020-06-26 HKT 00:36

Share this story

facebook

  • The US Senate passed the bill unanimously, but it still needs House of Representatives approval. File image: Shutterstock

    The US Senate passed the bill unanimously, but it still needs House of Representatives approval. File image: Shutterstock

The US Senate backed legislation on Thursday that would impose mandatory sanctions on individuals or companies that back efforts by China to restrict Hong Kong's autonomy, as the government in Beijing moves to implement a new security law for the city.

The "Hong Kong Autonomy Act" passed by unanimous consent. To become law, it must also pass the House of Representatives and be signed into law by US President Donald Trump.

Democratic Senator Chris Van Hollen, a lead sponsor, said in the Senate the legislation would send a clear message to Beijing that there would be consequences if it acts to undermine Hong Kong's autonomy.

"This could be our last opportunity to stay Beijing's hand before it destroys what is left of freedom in the city," said Republican Senator Josh Hawley, another sponsor.

The bill almost passed earlier this month, Van Hollen said, but was blocked by Republican Senator Kevin Cramer – who had co-sponsored it – at the request of the Trump administration, which made a late request for technical corrections.

The delay underscored how complicated it can be to pass legislation pushing back on China, as the administration pursues a trade deal with Beijing and the two powerful countries grapple for international influence and clash over human rights.

Sino-US relations have reached their lowest point in years since the coronavirus pandemic, which began in China, hit the United States hard.(Reuters)

______________________________



Last updated: 2020-06-26 HKT 00:51

RECENT NEWS

China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks

China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more

Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors

The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more

South Korea To Cap Crypto Exchange Ownership At 20%

South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more

DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding

Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more

Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more

Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement

The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more