Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (158385)	5/27/2020 1:31:11 PM
From: TobagoJack	Respond to of 219928

Should offer up some buying opportunities bloomberg.com U.S. Says Hong Kong’s China Autonomy is Gone, Sowing Trade Doubt Nick WadhamsMay 27, 2020, 5:44 PM GMT+2 Demonstrators detained by police sit in front of a shopping mall in the Causeway Bay district during a protest in Hong Kong on May 27. Photographer: Lam Yik/Bloomberg LISTEN TO ARTICLE The U.S. has certified that Hong Kong is no longer politically autonomous from China, a move that could have far-reaching consequences on the special trading status the former British colony has with the U.S., Secretary of State Michael Pompeo said. “Hong Kong does not continue to warrant treatment under United Stateslaws in the same manner as U.S. laws were applied to Hong Kong before July 1997,” Pompeo said in a statement. “No reasonable person can assert today that Hong Kong maintains a high degree of autonomy from China, given facts on the ground.” The move on Wednesday was taken under the Hong Kong Human Rights and Democracy Act that President Donald Trump signed last year. It comes as China’s National People’s Congress is preparing to pass a national security law curtailing the rights and freedoms of Hong Kong citizens. Pompeo’s decision opens the door for a range of options, from visa restrictions and asset freezes for top officials to possibly imposing tariffs on goods coming from the former colony. Other measures could include visa restrictions for Chinese Communist Party officials. “The United States stands with the people of Hong Kong as they struggle against the CCP’s increasing denial of the autonomy that they were promised,” Pompeo said. China has denounced U.S. criticism of its moves on Hong Kong as interference in its affairs. (Adds context on China’s pending actions on Hong Kong starting in third paragraph) Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad