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US rescinds Hong Kong's special trading status

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  1. #51

    Join Date
    Jun 2019
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    There isn't much practical impact in terms of the affected trade being made to switch to "Made in China" despite the tariffs. HK made goods, as in those that actually originated in this city, are tiny in volume and any exports to the US are minimal. Not a surprise since HK today is predominantly a service-based economy with little of the manufacturing it once had. The vast majority of HK trade to the US are re-exports instead.

    This is more a signaling move. The US earlier said they have ceased recognizing HK as enjoying separate status from the mainland. They are now taking concrete steps to implement this new policy. The real concern isn't this move, but any later US action that can potentially inflict real harm on HK economy and financial hub status.

    Last edited by Coolboy; 11-08-2020 at 11:22 PM.

  2. #52

    Join Date
    Jul 2011
    Posts
    1,693
    Quote Originally Posted by stickyears:
    Waiting for some CCP mouthpiece to argue that treating Hong Kong as part of China is interference in China's internal affairs, or something.
    Thar she blows, cap'n....

    https://twitter.com/rthk_enews/statu...67245152563200
    shri, AsianXpat0, Coolboy and 2 others like this.

  3. #53

    Join Date
    Dec 2002
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    ???
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    32,752

    Didnt David Tang label some of his products 'Made By Chinese' or something like that?


  4. #54

    Join Date
    Jan 2010
    Posts
    4,299
    Quote Originally Posted by stickyears:
    Lying about being part of China? Somebody is looking to get arrested it seems.

  5. #55

    Join Date
    May 2015
    Posts
    472
    Quote Originally Posted by stickyears:
    Is this against the NSL?

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