Risky to work in Hong Kong – Corriere.it

In the coming days, the United States will warn American companies of the increased risks of trading Hong KongChina is aiming for greater control of the financial center. The Financial Times revealed this, citing three people familiar with the case. The Chinese government reportedly intends to access data sent by foreign companies to Hong Kong and is studying a new law that would allow Beijing to impose retaliation against anyone who allows foreign sanctions to be carried out against Chinese groups and officials. President Joe Biden plans to issue a warning and impose more sanctions in… In response to the repression in Beijing On the Hong Kong pro-democracy movement and the genocide that the United States has accused Beijing of perpetrating against Uyghur Muslims in Xinjiang.

Biden’s warning

In the warning, recent events will be mentioned as cForced shutdown of Apple Daily, the popular pro-democracy newspaper owned by Jimmy Lai. Last week, the US Commerce Department added 14 Chinese companies to its export blacklist, accusing them of involvement in human rights abuses and surveillance in Xinjiang. Beijing criticized this move as one unreasonable suppression I swear to respond with the necessary measures. The White House is also considering a policy that would allow Hong Kong citizens in the United States to remain after their visas expire if they face potential political persecution in Hong Kong. But this measure is still under discussion and is not expected to be part of the package of measures that will be announced this week. in Hong Kong American Chamber of Commerce It has more than 1,200 members and 282 US companies that set up their regional headquarters there in 2020.