New Hong Kong Legislation Would Punish Companies Complying With US Sanctions

July 29, 2021

The new laws for Hong Kong and Macau would proactively prevent foreign entities and individuals from complying with US-led sanctions by barring them, according to a new Wall Street Journal report Wednesday.

It effectively enables the Chinese and HK governments to sanction all who comply with US/EU sanctions by drawing a bright red line, forcing entities to choose whether to comply to Washington’s side or Beijing’s side

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Edited by:【Himalaya London Club UK】

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