Trump says Hong Kong markets will ‘go to hell’ because of Chinese control
‘Hong Kong can never succeed having China, as opposed to the thousands of geniuses that ran it, having China run it,’ US president says in a televised interview. City has been the beneficiary of billions of dollars in ‘very expensive incentives’, which the US is taking back, he says
Hong Kong “can never succeed” under Chinese control and its markets will “go to hell”, US President Donald Trump said in a televised interview on Thursday.
“Once China got aggressive and took it over, I took everything back. Everything’s back now. And it will fail,” he said, speaking by phone on the Fox Business channel.
His comments come as US-China relations continue to plummet amid the coronavirus pandemic, and were the latest sign of the sustained anger in Washington toward Beijing over the national security law Beijing has imposed on Hong Kong.