Hong Kong government warns removing U.S. special status is ‘double-edged sword’

HONG KONG (Reuters) – Hong Kong’s government warned Washington that withdrawing its special U.S. status, which has underpinned town as a world monetary hub, might be a “double-edged sword” and urged the United States to cease interfering in inner affairs.

FILE PHOTO: Anti-government demonstrators sit as they had been detained throughout a lunch time protest as a second studying of a controversial nationwide anthem regulation takes place in Hong Kong, China May 27, 2020. REUTERS/Tyrone Siu

The assertion got here as U.S. President Donald Trump is on account of announce afterward Friday his response to the Chinese parliament’s development of nationwide safety laws for Hong Kong, which democracy activists and Western international locations worry might erode town’s freedoms.

The former British colony enjoys a excessive diploma of autonomy below a “one country, two systems” method because it returned to Chinese rule in 1997.

“Any sanctions are a double-edged sword that will not only harm the interests of Hong Kong but also significantly those of the U.S.,” town’s government stated late on Thursday.

It added that from 2009 to 2018, the U.S. commerce surplus with Hong Kong was the largest amongst all its buying and selling companions, totalling $297 billion of merchandise and 1,300 U.S. companies are primarily based within the metropolis.

Beijing says the brand new laws will sort out secession, subversion, terrorism and international interference within the metropolis. It might see Chinese intelligence businesses arrange bases there.

The plan has ignited the primary huge protests in Hong Kong for months, as 1000’s of individuals took to the streets this week, prompting police to fireplace pepper pellets within the coronary heart of town’s monetary district to disperse crowds.

The U.S. Department of State stated in a report on Thursday it might “no longer certify that Hong Kong continues to warrant (differential) treatment” from Beijing.

Trump’s high financial adviser Larry Kudlow warned that Hong Kong, which has loved special privileges below U.S. regulation primarily based on its excessive diploma of autonomy from Beijing, might now have to be handled like China on commerce and different monetary issues.

In a separate assertion on Friday, printed in a number of native newspapers, Hong Kong chief Carrie Lam urged “fellow citizens” to “join hands to pursue our dreams while putting aside our differences”.

She stated the laws was wanted due to a “terrorist threat” and since organisations advocating “independence and self-determination” have challenged the authority of Beijing and native governments and pleaded for international interference.

The 5 calls for of last-year’s pro-democracy protest motion included common suffrage and an unbiased inquiry into police dealing with of the protests, however not independence. A minority of protesters waved “Hong Kong independence” flags.

Independence is anathema for Beijing.

The safety laws, together with a invoice to criminalise disrespect for China’s nationwide anthem, are seen by protesters as the newest try by Beijing to tighten its management on town.

The safety laws, anticipated to be enacted earlier than September, was condemned additionally by Britain, Australia, Canada and others. Britain stated it would give higher visa rights to British nationwide abroad passport holders from Hong Kong until China suspends its plans.

Writing by Marius Zaharia; Editing by Michael Perry

Our Standards:The Thomson Reuters Trust Principles.

Source link reuters.com

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