In Hong Kong called any US sanctions against the city a double-edged sword
Any US sanctions in respect of Hong Kong are a double-edged sword, they hurt the interests of both parties, the statement said the Hong Kong government.
As stated earlier, the US Secretary of state Mike Pompeo, he informed the Congress that Hong Kong "is no longer Autonomous from China", although it provided for the transfer of the territory from Britain to the Chinese authorities in 1997. Estimate the change of Department involves a change in policy towards Hong Kong, but Pompeo did not specify that it could be taken by the administration.
The city government noted that "the status of "separate customs territory" of Hong Kong enshrined in the basic law, and we intend to continue to pursue a policy of free trade, as a separate member of the WTO, we expect fair treatment from our trading partners."
It is noted that over the past decade, the positive balance of trading balance of the USA with Hong Kong was the largest among all U.S. trading partners if the same will be considered any sanctions in such areas as services and investment, it could affect the interests of 1.3 thousand American corporations based in Hong Kong.
"Hong Kong hopes that the US government will take a pragmatic position and will be given their own interests in Hong Kong, to refrain from interference in the internal Affairs of our country and Hong Kong, and will retain its economic and trade policies towards Hong Kong," reads the statement.
Earlier, the deputies of vsekitajsky meeting of national representatives adopted the "Decision on the establishment and improvement of the legal system and enforcement mechanisms to ensure national security in the special administrative region of Hong Kong." The resolution delegates to the standing Committee of the national people's Congress drafting bill on national security specially for Hong Kong. The newspaper South China Morning Post, citing an informed source reported that the NPC the PC will need about two weeks to make the law, this means that it can enter into force in August.