The United States has withdrawn special status from Hong Kong's Global Trade Center

The United States has withdrawn special status from Hong Kong's Global Trade Center
The United States has withdrawn special status from Hong Kong's Global Trade Center

The US has withdrawn its status as a World Trade Center amid growing tension in Hong Kong over China's national anthem bill. United States Secretary of State Mike Pompeo said the basis on which Hong Kong has received this facility is no longer maintained. He said that China has practically destroyed Hong Kong's autonomy and independence.

The Secretary of the United States said that to date no one can say that Hong Kong has autonomy from China. There is no hope. Today I told the United States Congress that Hong Kong has lost its autonomy from China. He said that the United States would join the people of Hong Kong.

Pompeo said that Hong Kong would no longer be able to take advantage of the special treatment of a court order given by US law, as it was under British law (before July 1997). China wants to implement a new national security law in Hong Kong, which has once again raised the atmosphere in the region and there are frequent protests. To prevent police shootings, tear gas shells are released.

It will affect

Billions of dollars of trade take place between the US and Hong Kong under the Global Trade Hub Act, which is now believed to be affected. The end of this law will also affect China. Because China has been promoted worldwide by Hong Kong as an investment capital and trade center. Not only American investors, but also entrepreneurs from Europe and Asia will no longer invest in Hong Kong.

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