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US considers sanctions against China over crackdown on Hong Kong

Bloomberg
Bloomberg5/27/2020 04:46 PM GMT+08  • 3 min read
US considers sanctions against China over crackdown on Hong Kong
The US Treasury Department could impose controls on transactions and freeze assets of Chinese officials and businesses for implementing a new national security law that would curtail the rights and freedoms of Hong Kong citizens.
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(May 27): The U.S. is considering a range of sanctions to punish China for its crackdown on Hong Kong, people familiar with the matter said, as the Trump administration weighs whether to declare the former colony has lost its autonomy from Beijing.

See also: Stocks plunge and US equity futures retreat on Hong Kong national security law

The Treasury Department could impose controls on transactions and freeze assets of Chinese officials and businesses for implementing a new national security law that would curtail the rights and freedoms of Hong Kong citizens. Other measures under consideration include visa restrictions for Chinese Communist Party officials, according to two of the people.

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