(Total Views: 166)
Posted On: 05/28/2020 8:06:24 AM
Post# of 128290
CNBC
What it means for investors if Hong Kong loses its special status with the U.S.
as Trump administration fails to help.
What it means for investors if Hong Kong loses its special status with the U.S.
On Wednesday, U.S. Secretary of State Mike Pompeo told Congress that Hong Kong was no longer highly independent from China, given that the proposed law would effectively bypass the city's legislature.
Hong Kong's trade with the U.S. would suffer a significant impact, if tariffs were to be imposed.
U.S. goods and services trade with Hong Kong were more than $66 billion in 2018, according to the Office of the U.S. Trade Representative.
The international community's perception of Hong Kong as an autonomous and attractive place to do business could be affected.
a group of people crossing a street in front of a crowd: Riot police patrol the streets at the Central district of Hong Kong during demonstrations against the new proposed national security law.
What it means for investors if Hong Kong loses its special status with the U.S.
as Trump administration fails to help.
What it means for investors if Hong Kong loses its special status with the U.S.
On Wednesday, U.S. Secretary of State Mike Pompeo told Congress that Hong Kong was no longer highly independent from China, given that the proposed law would effectively bypass the city's legislature.
Hong Kong's trade with the U.S. would suffer a significant impact, if tariffs were to be imposed.
U.S. goods and services trade with Hong Kong were more than $66 billion in 2018, according to the Office of the U.S. Trade Representative.
The international community's perception of Hong Kong as an autonomous and attractive place to do business could be affected.
a group of people crossing a street in front of a crowd: Riot police patrol the streets at the Central district of Hong Kong during demonstrations against the new proposed national security law.
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