The governments in Beijing and Hong Kong have lashed out at Washington’s notice to companies doing business in the Chinese city, which warned of various risks, including retaliation for complying with US sanctions against China.
The US Treasury on Friday added seven more individuals to its roster of entities sanctioned over what it sees as Beijing’s reneging on commitments to Hong Kong’s autonomy. Together with other parts of the US government, it also issued an advisory to “highlight growing risks” of doing business in the Chinese city after the passage of the highly debated National Security Law last year.
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