China says US trade sanctions on Hong Kong violate WTO rules


Source: abs-cbn.com abs-cbn.com

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Washington's decision to strip Hong Kong of its special trading status violates rules of the World Trade Organization, China said Thursday. President Donald Trump announced Friday that the US will revoke special trading privileges granted to Hong Kong, after Beijing moved to tighten its grip on the semi-autonomous city with plans to impose a national security law. Removing the special status would affect a bilateral extradition treaty, commercial relations and export controls between the US and the Asian financial hub. The move adds to growing friction between the world's two biggest economies amid the coronavirus crisis and in the wake...