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Hong Kong ‘hard to see’ as finance hub if China takes over: W.House
© MANDEL NGAN President Donald Trump is “displeased” with China’s proposed crackdown in Hong Kong, the White House said
President Donald Trump is “displeased” with China’s proposed crackdown in Hong Kong and has doubts over the territory’s future as a global financial center if it goes ahead, the White House said Tuesday.
It’s “hard to see how Hong Kong can remain a financial hub if China takes over,” press secretary Kayleigh McEnany told a briefing, saying the warning came directly from Trump.
Beijing wants to enact legislation banning secession, subversion, terrorism and foreign interference in Hong Kong after months of massive, often violent pro-democracy protests last year.
Activists in Hong Kong warn the clampdown would effectively mean an end to the former British colony’s special status, where elections, a free press and other liberties help make it an international finance capital rivalling New York and London.
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Source: MSN
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