Washington named five already-sanctioned Chinese officials for reducing Hong Kong’s autonomy in a report and warned that foreign financial institutions doing business with them would be punished too. The Dec. 20 report identified the five as Chen Dong, He Jing, Lu Xinning, Tan Tienui, and Yin Zonghua, all deputy directors at China’s Hong Kong liaison office. The mainland agency is set to orchestrate Beijing’s policies in the former British colony. The five individuals previously blacklisted by the U.S. Treasury Department “are materially contributing to, have materially contributed to, or attempt to materially contribute to the failure of the PRC to meet its obligations under the Joint Declaration or the Basic Law,” the report reads. The naming brought to 39 the number of officials that meet the criteria under the U.S. Hong Kong Autonomy Act (HKAA), which former President Donald Trump signed into law in July last year, two weeks after …
US Warns Banks As It Sanctions More Chinese Officials Stifling Hong Kong’s Democracy
December 21, 2021
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ChinaChina Business & EconomyFinance & Business TiesHK Current AffairsHong KongPolicies & ImpactssanctionSpecial TopicsState DepartmentThreat from Communist ChinaUSUS-China relations
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