Showing posts from May, 2020

The National Security Law on Hong Kong

On 21 May 2020, this would become the memorable day for China as the Beijing Government announced a draft national security law to be imposed on Hong Kong. On 28 May, this draft was approved and will be implemented before year-end. The law is aimed at prohibiting secession, subversion of state power, terrorism activities and foreign interference. Obviously, the U.S. officials and Congress reacted in anger and criticized the move by Chinese Government. On 27 May, Secretary of State Pompeo has declared Hong Kong to lose its autonomous status form China and new sanction will be imposed against the island. Hong Kong has been a British colony for 99 years and was returned to China in 1997. Since then, China has promised to let Hong Kong be a self-regulating administrative state under the "One country; Two system" policy for 50 years. In other words, Hong Kong is permitted to have its legal and financial structure on its own that is totally different from China

綜觀天下經濟 (3):俯視國際原油、黃金與美元,他們如何影響今年第國際投資市場?