The U.S. will warn companies about Hong Kong's 'deteriorating' situation, Biden says

U.S. President Joe Biden said his administration will issue an advisory to warn American companies about the risks of doing business in Hong Kong.

"The situation in Hong Kong is deteriorating. And the Chinese government is not keeping its commitment that it made how it would deal ... with Hong Kong," Biden said Thursday.US President Joe Biden speaks about voting rights at the National Constitution Center in Philadelphia, Pennsylvania, July 13, 2021.said his administration will issue an advisory to warn American companies about the risks of doing business in Hong Kong as China tightens its hold on the semi-autonomous region.

"The situation in Hong Kong is deteriorating. And the Chinese government is not keeping its commitment that it made how it would deal ... with Hong Kong," Biden said at a Thursday news conference with visiting German Chancellor"And so it is more of an advisory as to what may happen in ... Hong Kong. It's as simple as that and as complicated as that," he added, according to

Biden forgets who is the boss

Biden suddenly realized this now ? What gave him the clue ? The 2 million peolple protest? The removal of elected officials? People being thrown in jail ?

Biden must act if he wants to be taken seriously. It’s quite obvious Wall St & m”some US Corporations profiting from Chinese Yuan are still telling the US Government & American National Security interests to fly kite. Money is more important for them.

Having no riots is bad?

this is terrible news

And? Will Biden say or do anything about Communist China?

Canada Canada Latest News, Canada Canada Headlines

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

Biden to warn US companies about doing business in Hong KongThe Biden administration is expected to issue a blanket warning to U.S. firms about the risks of doing business in Hong Kong as China continues to clamp down on political and economic freedoms in the territory. President Joe Biden told reporters Thursday that the alert would point out deteriorating free market conditions in Hong Kong, which was once one of Asia’s main financial hubs, and the potential for further erosion. “The situation in Hong Kong is deteriorating, and the Chinese government is not keeping its commitment that it made, how it would deal with Hong Kong,' Biden said.
Source: YahooNews - 🏆 380. / 59 Read more »

Hong Kong biotech start-up is set to list on the Nasdaq in a SPAC mergerPrenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. What a forgettable name!
Source: CNBC - 🏆 12. / 72 Read more »