Senate Passes Bill to Sanction Chinese Officials, Foreign Banks
The Senate passed a bill June 25 that would sanction Chinese officials, companies and foreign banks associated with Beijing’s interference in Hong Kong’s autonomy (see 2005260031). “We urge the Government of China to abandon their ongoing efforts to repress freedoms…
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in Hong Kong,” Sen. Chris Van Hollen, D-Md., who introduced the bill along with Sen. Pat Toomey, R-Pa., said in a statement. “There will be a price to pay if they continue down that path.” Toomey said he hopes the House will “pass it in short order, so the president can sign it.”