Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Wednesday, Mar 22, 2023

US Senate bill targeting HKSAR trade offices likely to face resistance

US Senate bill targeting HKSAR trade offices likely to face resistance

Two US senators introduced a bill that seeks to close the representative offices of the Hong Kong Special Administrative Region in the US. Experts said the move demonstrates the US' ongoing interference in China's internal affairs, and it is expected to face strong resistance from American business communities.
The bill, introduced by US senators Marco Rubio and Jeff Merkley on Thursday, demanded a reevaluation of a series of privileges enjoyed by the Hong Kong Economic and Trade Offices (HKETOs) in the US and criticized the national security law in Hong Kong.

The legislation would require the US president to certify whether HKETOs in the US should retain or lose their diplomatic privileges.

HKETOs would have to terminate their operations in the US within six months if the president decided they did not merit their diplomatic immunities, according to a press release published by Marco Rubio's office.

The SAR government on Saturday urges US to respect the basic norms governing international relations and "stop maliciously interfering in the affairs of the HKSAR."

The government spokesman added that the city has been establishing and maintaining economic and trade relations with places around the world in accordance with the "One Country, Two Systems" principle. And the ETOs in Washington DC, New York and San Francisco will continue to explain the policy initiatives of the SAR government, promote Hong Kong's unique advantages and culture, refute erroneous reports, clarify misconceptions and foster exchanges with Hong Kong.

It is hard to say whether the legislation would be passed or not, said He Weiwen, a former senior trade official and an executive council member of the China Society for World Trade Organization Studies.

"The US has a lot of corporate and commercial interests in Hong Kong. If the US revokes the privileges enjoyed by the HKETOs in the US, the Hong Kong SAR could also launch retaliatory moves, which will bring losses that the US may not be able to afford," he added.

The move shows the US' continued interference in China's internal affairs and is part of their global meddling in other countries' internal affairs, Li Yong, senior fellow at the China Association of International Trade, told the Chinese state media Global Times.

"Some extreme politicians in the US have deliberately distorted facts and amplified various so-called threats. Their ulterior motive is to dismantle and block the various channels of exchanges and communications between China and the US," Li said.

Related Articles

Hong Kong News
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
The US government has charged Chinese businessman Guo Wengui with leading a $1 billion fraud scheme that cheated thousands of followers out of their money.
Credit Suisse to borrow $54 billion from Swiss central bank
The BBC problem about China
Russian Hackers Preparing New Cyber Assault Against Ukraine
"Will Fly Wherever International Law Allows": US Warns Russia After Drone Incident
If this was in Tehran, Moscow or Hong Kong
Announcing GPT-4
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
China is calling out the US, UK, and Australia on their submarine pact, claiming they are going further down a dangerous road
A brief banking situation report
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
'No relation to the American SVB': India's SVC Bank acts to calm depositors amid brand name confusion.
Good news: The U.S. government is now guaranteeing all deposits, held by, Silicon Valley Bank, and the funds are available as of today
Silicon Valley Bank exec was Lehman Brothers CFO
In a potential last-ditch effort, HSBC is considering a rescue deal to save Silicon Valley Bank UK from insolvency
Saudi Arabia has announced a major breakthrough in diplomacy with Iran after two years of intense talks
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
City officials in Berlin announced on Thursday that all swimmers at public pools will soon be allowed to swim topless
Fitness scam
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
A primitive judge in Australia sparked outrage when he told a breastfeeding woman to leave his courtroom for being “a distraction"
Barcelona is feeling the heat as they face corruption charges over payments to former vice-president of Spain's referees' committee, Jose Maria Enriquez Negreira
Banking regulators close SVB, the largest bank failure since the financial crisis
Silicon Valley Bank: Struggles Threaten Tech Startup Ecosystem"
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Old clip of Bill Gates saying Ukraine is a big, fat, corrupt sinkhole is going viral
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
2 universities in Hong Kong embrace use of ChatGPT, other AI tools
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
Missing Chinese banker was working to set up Singapore family office
Hong Kong ditches Covid mask mandate after 945 days
Xi Jinping and His Wife Meet with Cambodian King Norodom Sihamoni and Queen Mother Norodom Monineath Sihanouk
How do stolen goods end up on Amazon, eBay and Facebook Marketplace?
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
When it comes to Tesla vs Lamborghini, an empty vessel makes more noise
European MP Clare Daly condemns US attack on Nord Stream
Former U.S. President Carter will spend his remaining time at home and receive hospice care instead of medication
North Korea test-fires an intercontinental ballistic missile into the Sea of Japan west of Hokkaido
US bombed Nord Stream gas pipelines, claims investigative journalist Seymour Hersh
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History