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Written by: Hu Jiaxin
2020-05-30 09:57
Last update date: 2020-05-30 09:57US President Trump announced that he will cancel the US's special trade status with Hong Kong, including actions to cancel the status of Hong Kong's independent customs zone and impose tourism restrictions. A number of business people said this morning (30th) when they attended the commercial program "Political Good Saturday" that they all expected to take relevant actions in the United States, but it is expected to have little impact on the business community for the time being. Executive Council member Lin Jianfeng said that Hong Kong exports no more than 0.1% of its products to the United States. On the contrary, the US ’s trade surplus earned in Hong Kong exceeds 30 billion yuan per year. He believes that this time the United States ’measures will be“ to harm others and punish its citizens. "However, he believes that during this period, Hong Kong will have to suffer from" short-term pains, "especially for US imports such as beef and alcohol.
As for the intention of the United States to restrict the export of high-tech products to Hong Kong, Ye Zhongxian, chairman of the Federation of Industries, said that general industrial equipment will not be imported with American equipment, but high-end scientific research in universities requires special equipment. I believe it will have an impact on university research, but in recent years The Sino-US trade war has rigorously inspected university scientific research equipment and has gradually adapted to it.
The leader of the Liberal Party, Zhong Guobin, agrees that the current sanctions imposed by the United States on Hong Kong have little effect. On the contrary, if financial measures are adopted, "the lethality will be stronger."
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Hong Kong version of the National Security Law Government
