China is ramming through laws to suppress sedition and foreign meddling. Sloppy U.S. retaliation against trade and investment flowing through Hong Kong would hurt. The city is in danger of getting crushed between two battling giants, says petesweeneypro:
China is set to impose new national security legislation on Hong Kong after last year's pro-democracy unrest, a Chinese official said on May 21. Details of the legislation will be given to China’s National People’s Congress on May 22, the official said.
China is currently holding its annual “two meetings,” which convene the National People’s Congress and the Chinese People’s Political Consultative Congress.Hong Kong’s benchmark stock index fell 3% in early trade following the news.
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China set to impose new Hong Kong security law, Trump warns of strong U.S. reactionChina is set to impose new national security legislation on Hong Kong after last year's pro-democracy unrest, a Chinese official said on Thursday, drawing a warning from President Donald Trump that the United States would react 'very strongly' against the attempt to gain more control over the former British colony.China's action could spark fresh protests in Hong Kong, which enjoys many freedoms not allowed on the mainland, after often violent demonstrations of 2019 plunged the city into its deepest turmoil since it returned to Beijing's rule in 1997.
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