NEW YORK/WASHINGTON -- U.S. Secretary of State Mike Pompeo on Wednesday told Congress that Hong Kong no longer retains autonomy from China, paving the way for sanctions from Washington that would strip the city of economic and trade privileges essential to its status as a global financial hub.
Beijing's decision last week to "unilaterally and arbitrarily impose national security legislation" on the territory is only the "latest in a series of actions that fundamentally undermine Hong Kong's autonomy and freedoms and China's own promises to the Hong Kong people under the Sino-British Joint Declaration, a U.N.-filed international treaty," Pompeo said in a statement.