US House passes bill to sanction Chinese banks over Hong Kong
Shortpedia
Content Team
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The US House of Representatives passed legislation that would penalize banks doing business with Chinese officials who implement a national security law that House Speaker Nancy Pelosi called a brutal, sweeping crackdown on Hong Kong. The measure passed by unanimous consent, reflecting concern in Washington over China's enactment of a security law seen as ending the autonomy that allowed the former British colony to thrive.
