China Slaps Sanctions On 28 Trump Administration Officials, Including Mike Pompeo

China Slaps Sanctions On 28 Trump Administration Officials, Including Mike Pompeo

The sanctions prohibit those individuals and their immediate family members from entering mainland China, Hong Kong and Macao. They are also restricted from doing business with China, as are any companies or institutions associated with them.

“Over the past few years, some anti-China politicians in the United States, out of their selfish political interests and prejudice and hatred against China and showing no regard for the interests of the Chinese and American people, have planned, promoted and executed a series of crazy moves which have gravely interfered in China’s internal affairs, undermined China’s interests, offended the Chinese people, and seriously disrupted China-U.S. relations,” the ministry said.

Revoking Hong Kong’s special status is Trump’s ‘nuclear option’ that could trigger irrevocable U.S.-China split, analysts warn

The impact such a move would have on the mainland Chinese economy would not be nearly as severe, said Leland Miller, chief executive officer of the China Beige Book, a firm that advises investors and corporate management on the Chinese economy. “The impact is overhyped. Most talking heads say that the Chinese can’t allow Hong Kong to lose its status as the pre-eminent financial center in Asia, but that’s not what I hear from China,” he said.

Revoking Hong Kong’s special status is Trump’s ‘nuclear option’ that could trigger irrevocable U.S.-China split, analysts warn