Last May, US President Donald Trump decided to remove Hong Kong's special territorial status and impose sanctions on China, especially on Chinese and Hong Kong officials. Considered to destroy Hong Kong autonomy.
Economists have argued that Mr. Trump's decision to remove Hong Kong's special status and impose sanctions on China could be costly to the United States as a result of exporting all types of goods from Hong Kong to the United States. Costing more than $ 5 billion a year, the United States imports more than $ 30 billion worth of goods into Hong Kong.
In retaliation to US sanctions, China may impose sanctions on the United States by raising U.S. import duties to Hong Kong in the future, and more than 1,300 US firms in the city may be affected by the increase. Chinese import duties.
The removal of special status from Hong Kong and sanctions on China are not a solution to the problem, but the United States is abandoning Hong Kong and pushing it into the hands of the experts, the expert said. China is becoming even more numerous.
China has reduced its reliance on Hong Kong as a broker in doing business with foreign companies, foreign banks and using foreign currencies since 1992, when China now relies on Hong Kong only 10% because China has a city. Shanghai is already a broker.
The triggering of Hong Kong, China's autonomous region, has entered a new context, and in 2020, after Chinese lawmakers voted to pass a national security law to put it in place. The law will reduce Hong Kong's autonomy and expand China's influence over the city.
Regarding the issue between Hong Kong and China, international relations experts said that before the handover of Hong Kong to China in 1997, the United Kingdom and its allies, the United States, had signed an agreement. Let the city be an autonomous region, living in a free and independent judiciary for 50 years, from 1997 to 2047.
The main aim of the United Kingdom and its allies is that in 50 years, Hong Kong will be able to draw other parts of China into a free and economically prosperous region, as it has, and can draw China as a whole. As a future free country, Hong Kong has more freedom and greater economic growth than China.
At the moment Britain and its allies have been disappointed and disappointed in their plans because Hong Kong has not been able to lure China into a free country – China has dragged Hong Kong into communism. For Hong Kong to act, adding Chinese influence over Hong Kong, which shows that Hong Kong had no influence on China, it was China that pulled Hong Kong into communism.
Conclusion: Could US withdrawal of Hong Kong special status change China?
The Chinese government is unlikely to change its stance on imposing Hong Kong's national security law because China has suffered a small loss in the case, but the United States is more economically disadvantaged than China and China has suffered. Politics is as profitable as the city as the US abandons Hong Kong.
Also, after the United States abandons the city, Beijing has a greater chance of enforcing its national security law as it had planned, and no one or any nation can prevent China from enforcing the security law. The nationals will be put to Hong Kong to apply.
The impact on Hong Kong in the near future after Beijing's implementation of the national security law is inevitable: the right to free speech, autonomy, economic growth and security. Also, if the pro-democracy groups go out to protest against the law, they will be better off.