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Hong Kong version of the National Security Law | Trump Research cancels special treatment for Hong Kong to see "Hong Kong Relations Law"

2020-05-30T17:21:08.073Z


US President Trump held a press conference on the afternoon of May 29th (local time, 30th Hong Kong time), criticizing China for turning Hong Kong's "one country, two systems" into "one country, one system," announcing that he would cancel special treatment for Hong Kong And sanction officials who weaken Hong Kong's autonomy. The White House's special treatment for Hong Kong stems from the "Hong Kong Relations Law" signed in 1992. "Hong Kong 01" collates relevant information for this purpose.


Political situation

Written by: Chen Chuolan

2020-05-30 15:21

Last update date: 2020-05-30 15:21

US President Trump held a press conference on the afternoon of May 29th (local time, 30th Hong Kong time), criticizing China for turning Hong Kong's "one country, two systems" into "one country, one system," announcing that he would cancel special treatment for Hong Kong And sanction officials who weaken Hong Kong's autonomy. The White House's special treatment for Hong Kong stems from the "Hong Kong Relations Law" signed in 1992. "Hong Kong 01" collates relevant information for this purpose.

The "United States-Hong Kong Polict Act", also known as the "United States-Hong Kong Polict Act", according to the Act, the United States regards Hong Kong as a "non-sovereign entity" outside of China, and can enjoy different treatment from the Mainland of China. Special treatment includes treating Hong Kong as an independent customs territory, establishing bilateral relations, freely convertible currencies, and visa approval treatment. At the press conference, Trang pointed out that Washington will cancel the preferential treatment that Hong Kong is regarded as an independent customs and tourism area outside of China, and will sanction officials who weaken Hong Kong ’s autonomy, but did not mention any action.

US President Trump held a press conference on the afternoon of May 29th local time (early morning on the 30th of Hong Kong time), criticizing China for turning Hong Kong's "one country, two systems" into "one country, one system" and announcing that he would cancel special treatment for Hong Kong .

Special economic and trade treatment of the United States for Hong Kong under the "Hong Kong Relations Act"

1. Treat Hong Kong as an independent customs territory

The United States has always regarded Hong Kong as a "non-sovereign entity" different from China, making Hong Kong an independent customs territory. Therefore, in the past Sino-US trade war, the United States imposed a large amount of tariffs on China, and Hong Kong has not been affected. At present, the United States intends to abolish the status of an independent customs zone, or it may increase Hong Kong's tariff expenditure.

2. Bilateral relations

Since the United States regards Hong Kong as an independent economy, the United States can formulate independent economic, trade, and financial bilateral agreements with Hong Kong.

3. Freely convertible currency

At present, Hong Kong is freely convertible into US dollars, and there is no upper limit. Therefore, the Hong Kong Monetary Authority can use the linked exchange rate to maintain the exchange rate of the US dollar against the Hong Kong dollar.

4. Visa approval treatment

The United States recognizes passports and travel documents issued by Hong Kong, and Hong Kong residents applying for visas to the United States can be treated differently. Trump pointed out that the State Council ’s tourism warning to Hong Kong will be reviewed to reflect the dangerous situation in Hong Kong, the extradition agreement between Hong Kong and the United States will be suspended, and the export and visa arrangements will be reviewed.

Sanctions for officials who weaken Hong Kong's autonomy

For Trump ’s accusation that sanctions will weaken Hong Kong ’s self-government, according to the “Hong Kong Human Rights and Democracy Act” and the “Hong Kong Relations Act”, the US President can cancel special economic and trade treatment for Hong Kong and impose sanctions on those who suppress high levels of autonomy . Chinese and Hong Kong officials involved in the legislation of the "Hong Kong version of the National Security Law" are accused of suppressing Hong Kong's human rights and freedoms, and may be frozen in US assets or denied entry.

Zheng Ruohua: According to the principles of international law, Trump ’s interference in other countries ’internal affairs is legally unacceptable

[Hong Kong version of the National Security Law] Trump announces countermeasures Aesthetics question the sanctions against Chinese forces

【Hong Kong version of National Security Law】 Trump: will cancel special treatment for Hong Kong and terminate relations with WHO

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Source: hk1

All news articles on 2020-05-30

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