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US backs Hong Kong's autonomy, passes bill to punish China over new security law for city

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The Times of India : 858 views

"The US Senate passed legislation on Thursday that would impose mandatory sanctions on people or companies that back efforts by China to restrict Hong Kong's autonomy, pushing back against Beijing's new security law for the city. The measure also includes secondary sanctions on banks that do business with anyone found to be backing any crackdown on the territory's autonomy, potentially cutting them off from American counterparts and limiting access to US dollar transactions.

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