U.S. warns China meddling in Hong Kong hurting business confidence

  • 📰 Reuters
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The United States warned in a report on Friday that increased meddling from Chin...

HONG KONG - The United States warned in a report on Friday that increased meddling from China in Hong Kong had adversely impacted the city, straining international business confidence in the Asian financial hub.

The city is now also seeking to amend laws to allow individuals to be extradited to mainland China, despite grave human rights concerns toward Beijing. The 1992 U.S.-Hong Kong policy act allows Washington to engage with Hong Kong as a non-sovereign entity distinct from China on matters of trade and economics.

“In some particularly concerning instances, Hong Kong authorities took actions aligned with mainland priorities at the expense of human rights and fundamental freedoms.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

US waging trade war and undoing trade pacts is hurting the world business confidence more, IMHO.

China seeks to dominate Asia and the globe.

One would argue that Trump is hurting the businesses more.

They wont listen.

You see what color the flags are same color as the GOP (GAY OLD PUTOS) RUSSIA'S FLAG IS ALSO RED SOMEBODY FIND A RED HAT AND STEP ON IT WILL YEAH 🐻

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong fumbles its China extradition fixThe city may exclude white-collar crimes from a mooted deal to exchange suspects with the mainland, to assuage the business community’s concerns. Unfortunately, such an awkward compromise would only confirm the tension between the financial hub’s needs and Beijing’s ambitions.
Source: Breakingviews - 🏆 470. / 51 Read more »

Crackdown on banks gives Hong Kong an IPO edgeUBS has been banned from leading market debuts for a year, and is part of a foursome paying $100 mln in fines for shoddy due diligence stretching back to 2009. As bourses fight to host a new wave of unproven startups, investors can take some extra comfort from the city’s aegis. ReutersBiz AlecMac11 As if the established companies are doing so well
Source: Breakingviews - 🏆 470. / 51 Read more »