Beijing’s top representative office in Hong Kong said on Saturday that sanctions imposed by Washington on senior Hong Kong and Chinese officials were “clowning actions” that would not frighten or intimidate Chinese people. Olivia Chan reports.
Reuters US equities closed mixed on Friday as traders weighed escalating US-China tensions against rosy labor-market data. President Donald Trump issued executive orders Thursday afternoon targeting TikTok-owner ByteDance and WeChat-owner Tencent. The orders ban US transactions with the apps in 45 days. The US on Friday placed sanctions on 11 Chinese officials and their counterparts in Hong Kong. On the economic data front, the US added 1.8 million jobs in July.
For many who were critical of the Chinese government, Hong Kong was a convenient place to be. But according to CNN, that bolthole is quickly closing, as China says that they can now be arrested there, even if only transferring through the airport. First under British colonial rule and then after its handover to China, Hong Kong has offered legal protection from the mainland Communist Party for decades.