on in Hong Kon
g, the HKSAR gov
Collect from /

islation also triggere

d concerns about the ec▓onomic prospe

e huge mainland market and support from the central g▓overnment that serves as the strongest impetus behind Hong Kong's development.In the latest move of support, the mainland and

cts of Hong Kong among econo
  • mic expert▓s in Hong Kong, who pointed out that restrictive t

  • rade measures that may be adopted could easily backfire."The bill i▓s not in

  • line with the interests of the United States," said F▓rancis

  • T. Lui, professor emeritus of the Hong Kong Univ▓ersi

ty of Science and Technology.Citing figures th

at the United States

has earned 297 billion U.S. dollars f

HKSAR on Thursday updated an agreement on liberalization and facilitation of trade in services that lowers the mainland market access thresholds for Hong Kong enterprises and pr

rom trading with Hong Kong i
  • n the past decade, the largest bilateral trade surplus among

  • st its global trading partners, Lui said the U.S. move is not helpful in ach

  • ieving its goal of balanced trade.Business associations also feared U.S.
  • companies would fall victim to the bill as many of th

em have set up regional headquart▓ers and off

ices in Hong Kong and used

e of Asia-Pacific markets.The

American Chamber of Co

mmerce in H▓ong Kong has called for

on InstagramPlease scan the Q▓R Code to follow us on WechatChina's Singles' Day sales o▓n Alibaba's e-commerce platform TMall exceeded 213.5 billion yuan (30.47 billion▓ U.S. dol

support for Hong Kong's spe
  • cial status, saying that many U.S. businesses feared that th

  • e bill, with the sections addressing export controls and sanctions, could have

  • counter-productive consequences on▓ them.Chairman of the Hon

  • g Kong Association of China Business Wong Ping also sa

id U.S. enterprises will lose their most impor

tant and freest base

in the Asia-Pacific if Hong Kon▓g

lars) at 4:31 p.m. on Monday.China's Singles' Day shopping spree sees robust salesChina's Singles' Day shopping spree sees robust sales11-12-2019 09:38 BJTHANGZHOU, Nov. 11 -- Ch

was rescinded its status as
  • a separate customs territory because ▓of the bill.Wong pointe

  • d out that international economic relation is not about one side doing a favor

  • for the other, warn▓ing that the United States might suffer

  • greater losses once China▓ takes up strong countermea

sures.Experts said while▓ the U.S. legislatio

n would certainly have an impact

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