United States

time.com The U.S. Might Revoke Hong Kong’s ‘Special Status.’ Here’s What That Means For Business in the Global Financial Hub

Secretary of State Mike Pompeo announced on Wednesday that Hong Kong was no longer sufficiently autonomous from mainland China — an assessment that could threaten the city’s trading relationship with the U.S. and deal a blow to both American and Chinese companies operating there.
The news comes following Beijing’s decision late last week to draw up a national security law for Hong Kong. The move…