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The Chinese regime on May 28 passed a draft resolution on a national security law for Hong Kong, leading the United States to consider revoking Hong Kong’s preferential trading status and sanctioning China. Experts believe that imposing tough sanctions on Chinese and Hong Kong officials involved in human rights abuses in the city can have a deterrent effect.The so-called “national security law” would ban acts and activities in connection to secession, subversion, and terrorism, as well as activities related to foreign interference. Moreover, Beijing’s security agencies would be allowed to set up operations in Hong Kong.
Schriver stated recently that if the special trade status of Hong Kong is removed, it will hurt the interests of the Hong Kong people and American companies in the city. How to sanction the CCP in a targeted manner is the focus of discussions within the U.S. government.
Yang said that the pandemic and U.S.-China relations have undermined Hong Kong’s status as a financial, trade, and investment center, but the impact of sanctions on Hong Kong people has weakened. In addition, based on the Hong Kong Human Rights and Democracy Act, the United States can specifically target Chinese and Hong Kong officials and hold them responsible for violations of human rights in Hong Kong.
Now, the United States is closely following the CCP ’s actions against Hong Kong during the “Two Sessions”—an annual meeting of China’s rubber-stamp legislature, National People Congress (NPC), and its advisory body to enact policies and agendas.