BEIJING | China threatened Wednesday, the United States retaliation after the promulgation by the american president Donald Trump of a law providing for sanctions against the “repression” of Beijing in its autonomous territory of Hong Kong.
The tax end of June by Beijing of a draconian law on national security in the former british colony is the fear of a decline in liberties. Washington, London, and several western capitals have expressed their opposition.
Donald Trump has highlighted Tuesday the pressure: he announced the end of the economic regime of preferential granted by the United States in the autonomous territory, major international financial center, and has enacted a law providing for sanctions against officials in the hong kong and chinese.
“Today, I signed a law and an order in council to be accountable to China because of its repression of the people of Hong Kong,” he said during a press conference.
The decree puts an end to the preferential trading position in force so far. “Hong Kong will be treated as China: no special privilege, not processing special economic and not of exports of sensitive technologies,” said Mr. Trump. He added that they had no intention to meet with the chinese president Xi Jinping to ease tensions.
The billionaire republican has also predicted a hemorrhage of the brain in the territory, with a population of 7.5 million people. “Their freedom has been removed, ( … ), a lot of people go away,” he said.
This u.s. law is “a gross intervention in the affairs of Hong Kong and the internal affairs of China”, has denounced in a statement Wednesday the ministry of foreign Affairs of china.
“In order to safeguard his legitimate interests, China will bring the necessary response and will impose sanctions on individuals and us entities concerned,” he warned.
Freedom and stability
The act on the Autonomy of Hong Kong, unanimously approved in early July by the u.s. Congress, aims not only chinese officials but also the police force of Hong Kong.
It triggers mandatory sanctions against those who would be identified as working to restrict the freedoms. A crucial Point is that it penalizes the banks which, through their funding, would contribute to the erosion of the autonomy of the territory.
“China will remain firm in its resolve and its determination to safeguard its sovereignty,” stressed Beijing has no intention to withdraw its national security bill.
It is, according to its critics, a decline of freedoms unprecedented since the handover of Hong Kong to China by the United Kingdom in 1997.
The act aims to suppress the subversive activities, secession, terrorism and the collusion with foreign forces to jeopardize the national security.
For the United States, the law is intended to muzzle the opposition in hong kong after the demonstrations of last year, which aimed to denounce the influence of Beijing in the territory.
According to China, this act allows, on the contrary, ensuring stability, putting an end to the violence that peppered the protest movement from 2019 to Hong Kong, as well as to suppress the current pro-independence.
What about the impact of the new u.s. sanctions?
They are going to “instantly erect trade barriers” and will have “a devastating impact on Hong Kong as an entry-level financial to western markets”, predicts Julia Friedlander, the american think tank the Atlantic Council.
In turn, this “will put more value to the places of mainland China,” as Shanghai and Shenzhen: “Hong Kong will suffer, and China’s probably going to win,” she said.
Washington has stepped up pressure on Beijing in recent days.
While the United States failed so far to take openly a position in the territorial disputes in the south China sea, secretary of State Mike Pompeo has taken sides on Monday for the other riparian States in the face of China.
Washington also earned a victory in his fight against the giant chinese telecom Huawei, which they accuse of spying potential for the benefit of Beijing and London has announced on Tuesday that it would eliminate its network to 5G of any equipment produced by the company.
Last week, the United States had announced that they would refuse visas to three chinese officials accused of having orchestrated, in the name of combating terrorism, the repression against muslim uighurs in Xinjiang — a vast region of the north-west of China.