The U.S. Senate adopted a draft on sanctions against China because of Hong Kong

The U.S. Senate passed a bill on sanctions against China in connection with the adoption of a law on national security of Hong Kong, according to USA Today.

The bill now goes for signature to President Donald Trump, who can sign it or veto.

On Wednesday, the U.S. house of representatives voted for the bill providing for the imposition of sanctions against the officials, companies and banks that are associated with the acceptance or performance of the act.

After the adoption in the house the speaker of the house of representatives, Nancy Pelosi said that Beijing adopted the law pointed to the death of the principle of "one country, two systems" and urged to impose sanctions against China for the Magnitsky act, which provides for sanctions against foreign officials, which the US believes is responsible for corruption or human rights violations.

Previously, the administration trump announced the introduction of visa restrictions against members of the PRC and the possibility of sanctions.

Chinese President XI Jinping signed a decree on the entry into force on 30 June of the law on the protection of national security of Hong Kong. Earlier, the standing Committee of vsekitajsky meeting of national representatives endorsed the law. PC NPC also decided to include the law in Annex III of the basic law of the Special administrative region of Hong Kong.

The bill on national security caused discontent of anti-government forces in Hong Kong and some Western officials who see it as a desire by Beijing to tighten control over the autonomy.

Hong Kong came back into the possession of China from Britain in 1997, and has since enjoyed wide autonomy. The Central government of China adhere to the principle of "one country, two systems" in the management of the district. According to the joint Declaration of great Britain and China, Hong Kong will retain broad autonomy until 2047. How will be managed the former British colony after that date are still unknown.