Published: Fri, November 22, 2019
Global News | By Blake Casey

China wants US trade deal but 'not afraid' to fight back: Xi

China wants US trade deal but 'not afraid' to fight back: Xi

On Tuesday, Vice President Mike Pence linked the trade agreement with the ongoing Hong Kong demonstrations.

Several Chinese government agencies and numerous state-run media bombarded the White House with harsh criticism after the U.S. Senate unanimously passed the Hong Kong Human Rights and Democracy Bill on November 19 in support of Hong Kong's pro-democracy protesters.

Trump prompted questions about his commitment to protecting freedoms in Hong Kong when he referred in August to its mass street protests as "riots" that were a matter for China to deal with. But the policy would likely further strain the U.S. Its passage comes as Trump tries to negotiate a trade deal with China amid his bid for re-election in 2020.

"It is clear that this pushes the Chinese negotiation and makes it hard".

As the act awaits Trump's decision, here's what to know about it. "They will also harm the relations and common interests between Hong Kong and the United States", said a HKSAR government statement.

Introduced by Rep. Jim McGovern, Sen.

Strong support had been expected after the House passed a similar bill last month.

The act mandates sanctions on Chinese and Hong Kong officials who carry out human rights abuses and requires an annual review of the favourable trade status that Washington grants Hong Kong.

But protesters say that system is being eroded as Beijing exerts influence over elections and legal systems.

Activist Joshua Wong traveled to Washington in September to testify before Congress.

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Sondland, the ambassador to the European Union, appeared before the House panel for an hourslong testimony Wednesday. The speaker added that any decision to move forward will be made by the relevant House committees.

A spokesman for the National People's Congress (NPC) legislative affairs commission said: "No other authority has the right to make judgments and decisions". Tens of thousands have marched on the USA consulate in Hong Kong to call for the passage of the bill, and American flags are a common sight at mass demonstrations. It then passed the House by a 417-1 vote to send it to President Donald Trump's desk for his signature.

Marco Rubio, one of the act's sponsors, told CNBC that it is his "understanding" that the legislation will be signed.

Kissinger, 96, said he hoped trade negotiations would provide an opening to political discussions between the two countries. For your security, we've sent a confirmation email to the address you entered. The next round of tariff increases are scheduled for December 15.

See live rates for the NZ-US $ below. On Hong Kong, he has mostly avoided commenting.

Beijing has denounced the legislation as an intrusion on its sovereignty.

'We urge the grasp the situation, stop its wrongdoing before it's too late, prevent this act from becoming law (and) immediately stop interfering in Hong Kong affairs and China's internal affairs, ' Geng said at a daily news briefing.

"The longer the time it takes, the more variables are there, such as the Hong Kong issue", Hu told Reuters on the sidelines of the Bloomberg forum. While the Hong Kong bill is a negative factor for the phase one deal, China still may be able to reach an agreement with the USA this year, said Zhang Yansheng, who previously worked at the National Development and Reform Commission, the country's top economic planner.

But experts warn that any termination of Hong Kong's special status would hinder not just the city and Beijing, but also us business interests.

The turmoil has already tipped Hong Kong's economy into recession and the threat of a change in trade status brought fresh gloom.

"Word is coming out from protesters still in the university itself. they say they are still standing strong", Heidler said.

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