News Snapshot:
In retaliation for US sanctions against Chinese officials in Hong Kong, China slapped sanctions on former Commerce Secretary Wilbur Ross and six other persons and companies on Friday. The "reciprocal" restrictions come after the State Department published business advice last week warning US firms about "growing dangers" in doing business in Hong Kong. The Chinese foreign ministry accused the United States of seeking to "unreasonably defame" Hong Kong firms. China slaps the US with sanctions The sanctions were imposed under China's new Anti-Foreign Sanctions Law, which was passed last month, and targetted Ross, as well as Carolyn Bartholomew, chair of...
