The US government issued a commercial warning on July 16 to US companies in Hong Kong, stating that after Hong Kong’s implementation of the Hong Kong National Security Act in 2020, the operations and activities of US companies in Hong Kong are at risk.
The Hong Kong government issued a press release in the early morning of the 17th in response, referring to Washington’s warnings as an attempt to create panic and to use geopolitics to suppress China.
The Hong Kong government’s statement stated that the U.S. government made some completely absurd and baseless accusations about the situation in Hong Kong, issued commercial warnings to U.S. companies and individuals operating in Hong Kong, tried to create panic, and once again proved its hypocrisy driven by hegemony. And double standards, and that American companies doing business in Hong Kong and American citizens whose home is Hong Kong are the main victims.
The spokesman said that facts speak louder than words. After the implementation of the Hong Kong National Security Law, Hong Kong's rule of law and judicial independence remain as solid as a rock, and its status as an international financial center has not been shaken at all.
In the past year, Hong Kong’s IPO funds raised exceeded 500 billion Hong Kong dollars, an increase of more than 50% compared to the previous year, emphasizing that Washington’s pressure will not affect Hong Kong’s prospects.
In addition, the statement also condemned the US Treasury Department for imposing sanctions on seven officials of the Liaison Office in Hong Kong on the same day.
The U.S. Department of the Treasury announced sanctions against 7 Liaison Office Deputy Directors Reuters: The U.S. government prepares to sanction 7 Hong Kong Liaison Office officials. The European Parliament approves sanctions against Chinese and Hong Kong officials. The SAR government: absurdity, interference in Hong Kong affairs
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