Home » Beijing has suspended voting on the Anti-Foreign Sanctions Law of Hong Kong and Macau. Why do business circles fear this law? -BBC News Chinese

Beijing has suspended voting on the Anti-Foreign Sanctions Law of Hong Kong and Macau. Why do business circles fear this law? -BBC News Chinese

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Most of the laws in Mainland China will not apply to Hong Kong and Macau. Therefore, if the Beijing government wants to implement this law in both places, it needs to be approved by the Standing Committee of the National People’s Congress and included in Annex III.

The Standing Committee of the Chinese National People’s Congress decided on Friday (August 20) to suspend voting on the proposal to include the Anti-Foreign Sanctions Law in Hong Kong and Macau legal documents, but will continue to study related issues.

China and the United States have had frictions on trade, Xinjiang, Hong Kong, Taiwan and other issues. The two sides have sanctioned each other’s officials, individuals or institutions. China implemented the Anti-Foreign Sanctions Law in June this year, allowing relevant government departments to add foreign persons or organizations to the sanctions list. However, since Hong Kong and Macau are special administrative regions, this law would not have been applied to Hong Kong and Macau.

However, there is news that Beijing intends to extend the law to Hong Kong and Macau, which has aroused the worries of many foreign companies in Hong Kong. The American Chamber of Commerce in Hong Kong also stated that it hopes to have a dialogue with the Chinese and Hong Kong governments to learn more about the details of the law.

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