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

Reuters
Reuters5/29/2020 12:05 PM GMT+08  • 4 min read
Hong Kong government warns removing U.S. special status is 'double-edged sword'
Hong Kong told the United States to keep out of the internal debate over new national security laws being imposed by China, and warned that withdrawal of the financial hub’s special status under US law could backfire on the US economy.
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(May 29): Hong Kong told the United States to keep out of the internal debate over new national security laws being imposed by China, and warned that withdrawal of the financial hub’s special status under US law could backfire on the US economy.

US President Donald Trump is due to announce later on Friday his response to the Chinese parliament’s advancement of security legislation for Hong Kong, which many lawyers, diplomats and investors fear could erode the city’s freedoms.

The former British colony has been wracked by civil unrest amid fears Beijing is curbing the high degree of autonomy it has enjoyed under a “one country, two systems” formula put in place when it returned to Chinese rule in 1997.

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