Wednesday, July 1, 2020

Statement from U.S. Secretary of Commerce Wilbur Ross on Revocation of Hong Kong Special Status

With the Chinese Communist Part's imposition of new security measures on Hong Kong, Commerce Secretary Wilbur Ross said that the risk that sensitive U.S. technology will be diverted to the People's Liberation Army or Ministry of State Security has increased, all while undermining the territory's autonomy. Those are risks the U.S. refuses to accept and have resulted in the revocation of Hong Kong's special status.

Commerce Department regulations affording preferential treatment to Hong Kong over China, including the availability of export license exceptions, are suspended. Further actions to eliminate differential treatment are also being evaluated.

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