Warnings of fallout if HK trade offices shut


Branding the US actions “shameless and ugly political tactics” aimed at suppressing Hong Kong’s development, Hong Kong chief executive Lee touted America’s lucrative trade surplus with the city. — Bloomberg

Hong Kong: Hong Kong’s leader is warning that American businesses will suffer if Washington adopts a bill to shut the city’s US trade offices, as the city’s relationship frays with the world’s largest economy.

Chief executive John Lee yesterday repeated China’s threat of retaliation if the United States pushes ahead with an act that would close the finance hub’s three Economic and Trade Offices in America.

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