US President Joe Biden talks about voting rights at the National Constitution Center in Philadelphia, Pennsylvania, July 13, 2021.
Saul Loeb | AFP | .
US President Joe Biden has said his administration will issue a notice to put in guarding American companies on risks of doing business in Hong Kong as China tightens its grip on the semi-autonomous region.
“The situation in Hong Kong is deteriorating. And the Chinese government he’s not keeping his pledge that made how it would be … with Hong Kong, “Biden said on Thursday news conference with visiting German Chancellor Angela Merkel.
“And so it is more of a warning about what might happen in … Hong Kong. It’s that simple and how complicated like that, “him added, second a transcript from the White House of his remarks.
Several news outlets reported that a warning will be issued on Friday. The business counseling could be supported US sanctions on seven Chinese officials for cracking down on democracy in Hong Kong, Reuters reported, citing unnamed sources.
Hong Kong, an important one business center in Asia has become a controversy issue in the US-China relationship that has been shaky after a dispute over trade tariffs, competition on technology and the origin of the Covid-19 pandemic.
The city it’s a former British colony that is back in China rule in 1997. It is governed by a “one Country, two systems ” framework that promises a “high degree of autonomy “in Hong Kong.
“As a general matter, let’s try to ensure that businesses can operate in stable, predictable and fair regulatory environments around the world”Price said in a press conference when asked about the about business advisory on Hong Kong.
“IS rule of legal risks that were previously limited to mainland China are now increasingly worrying in Hong Kong. That is of great about us. IS of great concern for the American business community. His of great concern for the international business community,” he added.
Implementation of the national safety law last year months followed of protests for democracy in the city which sometimes became violent. Chinese officials is state media it was often said that “external forces” were behind the Hong Kong protests.
Beijing said the law is targeted to prohibit secession, subversion of state power, terrorist activities and foreign interference.
More than 100 people they were arrested under the law within the first year of its implementation – many of their Democratic politicians, activists, journalists and students, Reuters reported last month. Hong Kong’s pro-democracy Apple Daily was forced to do so shut down after the authorities froze the company assets according to the law, leaving him with few resources to support operations.
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