US Secretary of State Mike Pompeo on Friday slammed Beijing over a proposed new safety regulation for Hong Kong and warned that the semi-autonomous territory may lose its particular buying and selling privileges.
“The decision to bypass Hong Kong’s well-established legislative processes and ignore the will of the people of Hong Kong would be a death knell for the high degree of autonomy Beijing promised for Hong Kong,” Pompeo stated in a press release.
Pompeo indicated that the transfer may lead the United States to say no to certify Hong Kong as autonomous beneath a brand new US regulation, attacked by Beijing, that was meant to point out assist to months of pro-democracy protests.
If the United States determines that Hong Kong is not autonomous, the monetary hub stands to lose its preferential buying and selling standing with the world’s largest financial system.
“The United States strongly urges Beijing to reconsider its disastrous proposal, abide by its international obligations, and respect Hong Kong’s high degree of autonomy, democratic institutions and civil liberties, which are key to preserving its special status under US law,” Pompeo stated.
“Any decision impinging on Hong Kong’s autonomy and freedoms as guaranteed under the Sino-British Joint Declaration and the Basic Law would inevitably impact our assessment of One Country, Two Systems and the status of the territory,” he stated.
China promised to make sure autonomy for Hong Kong earlier than it regained management over the territory from Britain in 1997.
Hong Kong’s chief Carrie Lam earlier Friday vowed to cooperate absolutely with the brand new safety regulation unveiled throughout China’s rubber-stamp parliament session.
The regulation would implement punishment for “subversion” and the opposite perceived threats to the communist system — strikes which Hong Kong pro-democracy leaders would successfully finish town’s particular standing.
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