Hong Kong no longer deserves special US status, Pompeo says

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Hong Kong no longer deserves special US status, Pompeo says
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He says US could not support its recertification for its special pre-1997 trading status.

US Secretary of State Mike Pompeo told Congress on Wednesday that Hong Kong no longer qualifies for its special status under US law, potentially dealing a crushing blow to its status as a major financial hub.

China had undermined Hong Kong’s autonomy so fundamentally, Pompeo said, that he could not support its recertification for its special pre-1997 trading status.

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