China on Friday imposed sanctions on seven US individuals and entity, under Anti-Foreign Sanctions Law, in response to the US penalties imposed on the Hong Kong officials over crackdown of democracy in the semi-autonomous region. This action comes in response to the US' recent warning to companies about the risks of doing business in Hong Kong. Last week, the United States had imposed Hong Kong-related sanctions on seven individuals and warned companies of the risks of doing business in the territory. The punitive actions reportedly target individuals from the Hong Kong liaison office. The LOCPG is China's main platform for projecting its influence in Hong Kong and has repeatedly undermined the high degree of autonomy promised for Hong Kong in the Sino - British Joint declaration.

Source: Mint July 24, 2021 00:22 UTC