Written by: Huang Fengyi
2020-08-08 11:41Last update date: 2020-08-08 11:43
The U.S. Treasury Department announced yesterday (7th) that 11 Chinese and Hong Kong officials, including Chief Executive Carrie Lam Cheng Yuet-ngor, will be sanctioned for all their private property and interests in the United States, as well as those who directly or indirectly hold 50% or more of the shares in the United States or by Americans. All controlled joint venture property and interests must be declared to OFAC (Office of Foreign Assets Control, Ministry of Finance). Unless OFAC issues an exemption, Americans are prohibited from processing the asset transactions of the above-mentioned sanctioned persons in the United States. It is prohibited to provide or receive services, funds or commodities to the sanctioned persons and their interests.
The Liaison Office of the Central Committee of the Communist Party of China issued a statement today (8th) expressing its firm opposition and strong condemnation, describing the U.S. sanctions against Chinese and Hong Kong officials for its arrogant and domineering actions. China is not afraid of it. It also stated that "if the U.S. believes that the so-called sanctions can allow the Chinese to compromise, they It is a mistake of the times, the wrong calculations, and wasted efforts." It is clear that American politicians support the anti-China chaos in Hong Kong.
Luo Huining emphasized that there is no penny of assets abroad. (Photo/Photo by Ou Jiale)
The statement stated that since Hong Kong implemented the National Security Law, "some American politicians have been restless and interfered in China's internal affairs, and now they violate the basic norms of international law and perversely resort to sanctions against Chinese and Hong Kong officials under the ridiculous pretext of "limiting Hong Kong's political freedom." The accusation that the United States is not upholding the rights and freedoms of Hong Kong people at all, "it is the freedom of the "Hong Kong independence faction" that endangers China's national security; it is the freedom of the "black tyrants" that destroys the bottom line of the rule of law in Hong Kong" and the "speculation faction" that disrupts Hong Kong "Freedom to harm the interests of Hong Kong citizens."
The spokesman emphasized that Hong Kong affairs are China's internal affairs and other countries have no right to interfere. The sanctions this time are another crude intervention in Hong Kong affairs following the passage of the "Hong Kong Autonomy Act", sinister and deliberately undermining "One Country, Two Systems." China will unswervingly implement "one country, two systems" and oppose any interference in Hong Kong affairs by external forces.
Luo Huining said that he has no assets abroad to approve the United States as "in vain"
As for the director of the China United Defense Council, Luo Huining, who sanctioned 11 Chinese and Hong Kong officials, he also issued a statement saying that he was included in the sanctions list, which just stated that "I did what I should do for the country and Hong Kong." Luo Huining emphasized that he did not have a penny of assets abroad and criticized the US sanctions as "wasted effort," adding that "I can also send $100 to Mr. Trump for freezing."
▼List of U.S. sanctions against Chinese and Hong Kong officials and reasons▼
US sanctions | Zheng Ruohua affected by sanctions, Da'anle Engineering just acquired a US company this year
US Sanctions | What are the consequences of 11 Chinese and Hong Kong officials being sanctioned by the US? Prohibition of money and services
Bloomberg quoted news: The United States announced sanctions against Lam Cheng Yuet-ngor and other mainland officials the earliest today
United States Sanctions Liaison Office