[Bill of Rights] Chairman of General Chamber of Commerce: Hong Kong becomes China-US trade war pawn, hurting international business confidence

Financial news

Written by: Zhang Weilun

2019-11-28 19:07

The Hong Kong General Chamber of Commerce is concerned about the decision of US President Trump to sign the Hong Kong Human Rights and Democracy Bill 2019.

The Chairman of the General Chamber of Commerce Xia Yalang pointed out that Hong Kong is a pawn in the Sino-US trade war, which is deeply regrettable. The signing of the bill will undermine the confidence of the international business community in Hong Kong and affect investors coming to Hong Kong to set up businesses.

He added that the advantages that Hong Kong enjoys, including the rule of law, independence of the judiciary, expertise, and its 25th consecutive year as the world's freest economy, will eliminate any doubts about Hong Kong and its autonomy.

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[Closing Summary] The Bill of Rights has been signed. Hong Kong stocks opened lower and closed lower, closing 60 points lower.

Hong Kong Human Rights and Democracy Act Hong Kong General Chamber of Commerce