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Hong Kong protests

Hong Kong rights bill a double-edged sword for city and US business

House expedites process and sends Senate's bill to the president's desk

Protesters in Hong Kong: The U.S. Senate's bill supporting the pro-democracy protests could have unintended economic consequences.   © Reuters

HONG KONG/WASHINGTON -- The U.S. House of Representatives on Wednesday passed the Senate version of a bill supporting democracy in Hong Kong, expediting a process and sending the measure to the desk of President Donald Trump.

The legislation targets the city's preferred status under American law and carries consequences for its economy, role as a financial hub and the U.S. companies operating there.

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