China is 'Prepared for the Worst' as U.S. Threatens Further Sanctions


"They broke their word to the world on ensuring the autonomy of Hong Kong", Mr Trump said from the White House, where he also blamed China for a "cover up" of the coronavirus outbreak.

President Trump says the US will begin the process of ending its special relationship with Hong Kong in response to China's move to strip the territory of much of its autonomy. "It means serious question marks not just about Hong Kong's future as a free society but also about Hong Kong's ability to continue as probably the premier worldwide financial hub in Asia", Patten said.

The statement also accused Trump of ignoring "the facts on the grounds" when the president said on Friday that "China has replaced its promised formula of "one country, two systems" with one country, one system'".

He also tweeted, a question for "violent protesters in Hong Kong and their supporters there, ' asking 'Would you stand with angry Minneapolis demonstrators who attacked police station, or would you stand with President Trump who threatens to shoot 'These THUGS"?

The Hong Kong government accused Mr Trump and his administration of smearing and demonising the government's duty to safeguard national security and called allegations that the security law would undermine individual freedoms "simply fallacious".

'I can't breathe, ' she said on Twitter, with a screenshot of a tweet by US State Department spokeswoman Morgan Ortagus that had criticised the Chinese government over its Hong Kong policy. "What actually worries me is not from China but from the U.S. What has Hong Kong done to the U.S.?", he said.

Saturday's editorial in the People's Daily newspaper said it is the "firm determination of all Chinese people" to oppose interference in Hong Kong affairs by any external forces. Huawei has repeatedly denied claims that it is agent of the Chinese state.

Secretary of State Mike Pompeo declared the Chinese Communist Party's recent actions show that its officials are actively seeking to harm the US and its Western allies, but expressed optimism that the Trump administration and Europe are up to the task of countering them.

Meanwhile in China, the mouthpiece of the ruling Communist Party claimed United States moves to end some trading privileges for Hong Kong "grossly interfere" in China's internal affairs and are "doomed to fail".

Lau, though, said the opposition to Chinese incursions is not going away and that the younger generation in Hong Kong is not backing down from the fight to protect their democratic rights.

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But there was nothing I could say better than what Mayor Keisha Lance Bottoms said last night! "I'm mad as hell", he said. Newsweek reached out to Bottoms for comment but did not hear back before publication.

"So it's a different Chinese Communist Party today than it was 10 years ago", Pompeo said. Trump's decision to remove policy exemptions could cause Hong Kong's status as a financial hub to decline. Mr. Hu wrote. "It seems to be what Beijing should do according to the logic of Washington cheering for the rioters in Hong Kong". It will permit mainland China's security agencies to police Hong Kong.

(L-R) Joshua Wong, Nathan Law, and Agnes Chow of the local pro-democracy party Demosistō, hold a press conference in Hong Kong on May 30, 2020.

Separately, Hong Kong Secretary for Justice Teresa Cheng told reporters that it was "completely false and wrong" to say the territory was losing its autonomy.

The US will also end its relationship with World Health Organization, which Mr Trump accused of being under the "total control" of the Chinese government.

If Washington abolishes free convertibility between the Hong Kong and USA dollars, we might face a "lose-lose-lose" situation.

Former International Security Andrea L. Thompson, who served in the Trump Administration until October, told Newsweek earlier this month that the two countries still had time to work out diplomatic differences. "People from Hong Kong seeking asylum would be up and running as soon as they got here and we should allow that and welcome them".

Julian Ku, an expert on worldwide law at Hofstra University, said the president has "lots of flexibility".

Meanwhile, 29 percent of respondents who identified themselves as non-supporters of the pro-democracy camp also said they opposed the security law, and 9 percent were neutral.

More than 1,300 USA companies have offices in Hong Kong and provide about 100,000 jobs.

Note: This chart shows the value of Hong Kong's goods exports to the U.S. The brown line illustrates the value of Hong Kong's own exports, while the grey line shows the value of intermediary exports.