Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
law on national security
Economy

China passed a law on national security in Hong Kong

28.03.2021
2 min read

Hong Kong national security law: details of the document

Chinese authorities have passed a law on national security, which concerns the situation in Hong Kong. It came into force in July this year, and was timed to mark the anniversary of the city’s transition from British rule to China.
The document envisages suppression of the slightest actions in Hong Kong, which may pose a threat to national security. This includes terrorist acts, separatism, and cooperation with foreign representatives who work against the Chinese regime.
According to the document, people who are found to have undermined state power or otherwise threatened the security of the autonomy will be sentenced to life imprisonment. The law allows the Chinese authorities to stop any dissent in Hong Kong and to put pressure on people who do not agree with their policies. China is afraid of a repeat of the scenario of last year, when the city held large-scale rallies and confrontations between the population and the police. The protests lasted from June to November, and as a result a large number of people were affected. The situation itself affected the economic situation in Hong Kong and led to a decline in investment and income.

law on national security

The National Security Act was adopted shortly after the U.S. announced new sanctions against China. They were caused by Beijing’s actions against Hong Kong’s autonomy and independence. The White House introduced new rules for obtaining visas for representatives of the Chinese state apparatus, as well as restricted entry for a number of officials involved in illegal actions against Hong Kong. The US sanctions were also supported by Great Britain, which urged Beijing to respect the region’s independence. The kingdom ruled Hong Kong until 1997, and then it became part of China, which promised the region autonomy and extended rights for 50 years. London, and as representatives of many countries, called the new law on national security dictatorial.
After Hong Kong, their rights were declared in Taiwan. Early in the year, the Democratic Progressive Party won the local elections and its leader became president. This political force is in favor of the independence of the island, but China by all means prevents this, considering the country part of its power. As in the case of Hong Kong, the U.S. supports the local government by opposing Beijing’s pressure. The situation is further aggravated by the ongoing trade war between the US and China.
So far, China has not been able to fully influence the processes in Taiwan, but the island is afraid of direct invasion by Beijing, which local forces can not withstand. Especially since China’s economic pressure on the Taiwanese government, fearing that the Hong Kong scenario will be repeated here.

Tags: Global Economy
0
Previous Post Jack Ma: biography of the richest man in China Next Post Russian pipe manufacturer plans delisting on the London Stock Exchange

You Might Also Like

oil price of $100
Economy
Will oil cost $100 per barrel: forecast
26.07.2020
rabobank
Economy
Rabobank investment bank considered the actions of the Central Bank of Poland
12.04.2021
Lithuania_V
Economy
Lithuania’s economy is the strongest in the EU
19.09.2021
Google Alphabet
Economy
New Google Alphabet features for advertisers and users
26.06.2020
The Norwegian government
Economy
Severe economic crisis in Norway: options for getting out of it
13.11.2021
growth of trade turnover China
Economy
The growth of trade turnover between Russia and China has reached record levels
01.02.2022

Recent Posts

  • 1The concept of financial management-1
    The concept of financial management in terms of the investment horizon
    18.05.2022
  • 2The state of the U.S. economy
    Moody’s Analytics experts have assessed the state of the U.S. economy
    17.05.2022
  • 3Ford invests
    American concern Ford invests in plant construction
    16.05.2022
  • 4Dunamu
    Cryptocurrency exchange operator Dunamu attracted $85 million in investments
    15.05.2022
  • 5artificial intelligence technology in banking
    Artificial intelligence: applications for banking
    14.05.2022

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Rystad Energy’s 10-year oil demand forecast

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

The concept of financial management-1
The concept of financial management in terms of the investment horizon
18.05.2022
The state of the U.S. economy
Moody’s Analytics experts have assessed the state of the U.S. economy
17.05.2022
Ford invests
American concern Ford invests in plant construction
16.05.2022

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Rystad Energy’s 10-year oil demand forecast
  • Ben Graham: the rules of the teacher Warren Buffett
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics