1. Hong Kong Plunges 5%+  MENAFN.COM
  2. Hong Kong tensions rattle world stock markets, oil tumbles  Yahoo Finance
  3. New US-China tensions lift dollar; euro, offshore yuan fall  CNBC
  4. Stocks - Dow Eases From Lows, but Sentiment Fragile as U.S.-China Tensions Flare  Investing.com
  5. Hong Kong tensions unnerve world stock markets, oil tumbles  Reuters
  6. View Full coverage on Google News
(MENAFN - Baystreet.ca) Stocks in Asia Pacific fell on Friday as rising tensions between the U.S. and China weighed on investor sentiment.In Tokyo, the Nikkei 225 dropped 164.15, or 0.8%, to 20,388.16. The Japanese yen traded 107.48 per U.S. dollar, off lows around 108 seen earlier in the trading weekThe Hang Seng index in Hong Kong collaps

Hong Kong Plunges 5%+ | MENAFN.COM

Pompeo describes proposed law as a “death knell for the high degree of autonomy Beijing promised for Hong Kong.”Pompeo describes proposed law as a “death knell for the high degree of autonomy Beijing promised for Hong Kong.”

US mulls ‘nuclear option’ as China moves to curtail Hong Kong autonomy - Newspaper - DAWN.COM

Pompeo called for Beiing to reconsider the move and warned of an unspecified US response if it proceeds.Pompeo called for Beiing to reconsider the move and warned of an unspecified US response if it proceeds.

China measure a ‘death knell’ for Hong Kong autonomy, says Pompeo - world news - Hindustan Times

If China wants Hong Kong to be treated as a simple Chinese province, then the United States should return the favor.If China wants Hong Kong to be treated as a simple Chinese province, then the United States should return the favor.

China’s authoritarian moves in Hong Kong must not go unpunished - The Washington Post

The%20Guardian%20view%20on%20Hong%20Kong%3A%20a%20broken%20promise%20%7C%20Hong%20Kong%20%7C%20The%20GuardianEditorial: The city is not the only place that should take heed of China reneging on its agreement

The Guardian view on Hong Kong: a broken promise | Hong Kong | The Guardian

The special governance system set up to protect the city’s freedoms was really only ever designed to stifle them.The special governance system set up to protect the city’s freedoms was really only ever designed to stifle them.

“1/ On the eve of HK's Tiananmen massacre vigil, Beijing is now scrapping its promise of #1country2systems by circumventing HK’s legislature and directly imposing the most controversial national security law #article23 upon Hong Kong.”

Joshua Wong 黃之鋒 😷 on Twitter: "1/ On the eve of HK's Tiananmen massacre vigil, Beijing is now scrapping its promise of #1country2systems by circumventing HK’s legislature and directly imposing the most controversial national security law #article23 upon Hong Kong."

“The United States condemns the PRC proposal to impose national security legislation on Hong Kong and strongly urges Beijing to reconsider. We stand with the people of Hong Kong.”

Secretary Pompeo on Twitter: "The United States condemns the PRC proposal to impose national security legislation on Hong Kong and strongly urges Beijing to reconsider. We stand with the people of Hong Kong."

“China continues to use the global pandemic it caused as cover for a crackdown against opponents of the Communist Party. Hong Kong is next to pay the price. The US must impose sanctions against Chinese officials, banks & business that enforce any new crackdown laws.”

John Bolton on Twitter: "China continues to use the global pandemic it caused as cover for a crackdown against opponents of the Communist Party. Hong Kong is next to pay the price. The US must impose sanctions against Chinese officials, banks & business that enforce any new crackdown laws."

“Those wondering what impact #China’s actions will have on U.S. policy should read my #HongKong Human Rights & Democracy Act which is now law It requires ⁦@StateDept⁩ to certify annually that HK is sufficiently autonomous to justify unique treatment https://t.co/iBhPQRIwyU”

Marco Rubio on Twitter: "Those wondering what impact #China’s actions will have on U.S. policy should read my #HongKong Human Rights & Democracy Act which is now law It requires ⁦@StateDept⁩ to certify annually that HK is sufficiently autonomous to justify unique treatment https://t.co/iBhPQRIwyU"

Nathan Law Kwun-chung is a former Hong Kong legislator and founding chairperson of pro-democracy activist group Demosisto. He is currently studying foChina is betraying its promises and trying to instill fear in city

National security law is end of Hong Kong's freedom - Nikkei Asian Review

The Chinese National People's Congress is set to pass a new law designed to force Hong Kong into submission. The move clearly shows the world that Beijing intends to have the last word, says DW editor Dang Yuan.The Chinese National People's Congress is set to pass a new law designed to force Hong Kong into submission. The move clearly shows the world that Beijing intends to have the last word, says DW editor Dang Yuan.

Opinion: Beijing flexing its muscle in Hong Kong | Opinion | DW | 22.05.2020

Hong Kong residents are rushing to download VPNs before China's new security law is passed at this year's National People's Congress.New law could lead to increased surveillance and censorship

VPN downloads soar in Hong Kong following new China law | TechRadar

China defended the legitimacy of draft of national security law for HKSAR submitted to NPC on Friday and rebutted U.S. President Donald Trump's claim that the U.S. would act "very strongly" if the bill was approved.

China rebuts U.S. threat on national security legislation for HKSAR - CGTN

Bloomberg - Are you a robot?

The European Union on Friday urged China to respect Hong Kong’s freedoms after Beijing proposed a new security law following pro-democracy protests in the semi-autonomous territory. After consulting EU capitals, Brussels’ diplomatic chief Josep Borrell issued a statement calling for “the preservation of Hong Kong’s high degree of autonomy”. Earlier, Premier Li Keqiang had unveiled to China’s […]

EU urges China to respect Hong Kong autonomy | Hong Kong Free Press HKFP

After a draft decision on establishing and improving the legal system and enforcement mechanisms for the Hong Kong Special Administrative Region (HKSAR) to safeguard national security was submitted to China's top legislature on Friday, the work of formulating the national security legislation would be accelerated, which would be signed into the law as early as in the coming weeks considering the urgency, some national lawmakers, top political advisors and lawyers said, as the central government prepared to set up national security agencies in Hong Kong to enhance information collecting and evidence to deal with acts like splitting the country, subverting state power, organizing and perpetrating terrorist activities.

HK national security law 'almost ready to be enacted' - Global Times

Beijing's rubber-stamp legislature is poised to adopt new "national security" laws that could doom the "One Country-Two Systems" policy.Beijing's rubber-stamp legislature is poised to adopt new "national security" laws that could doom the "One Country-Two Systems" policy.

China plans a new security law in Hong Kong that could end its dreams of democracy - CBS News

Joint statement issued in opposition to Beijing’s attempt to strip Hong Kong of autonomyJoint statement issued in opposition to Beijing’s attempt to strip Hong Kong of autonomy

UK, Canada, and Australia 'deeply concern... | Taiwan News

Advisers on Basic Law seek to reassure worried public amid concerns over role to be played by representatives of central government authorities.Advisers on Basic Law seek to reassure worried public amid concerns over role to be played by representatives of central government authorities.

Hong Kong pro-democracy campaigners yesterday vowed to take to the streets in protest over what they said was China’s fiercest assault on the territory’s treasured autonomy with its move to impose a security law. The proposal for the legislation — expected to ban treason, subversion and sedition — was introduced at the opening of the National People’s Congress in Beijing yesterday. It followed repeated warnings from Chinese leaders that they would no longer tolerate dissent in Hong Kong, which endured seven months of pro-democracy protests last year. “This is the largest nuclear weapon the Chinese Communist Party has used in its mutual destructionHong Kong pro-democracy campaigners yesterday vowed to take to the streets in protest over what they said was China’s fiercest assault on the territory’s treasured autonomy with its move to impose a security law. The proposal for the legislation — expected to ban treason, subversion and sedition — was introduced at the opening of the National People’s Congress in Beijing yesterday. It followed repeated warnings from Chinese leaders that they would no longer tolerate dissent in Hong Kong, which endured seven months of pro-democracy protests last year. “This is the largest nuclear weapon the Chinese Communist Party has used in its mutual destruction

Outrage in HK over security law - Taipei Times

Wall Street and European stocks ended mixed on Friday following heavy losses in Hong Kong over China's push for a national security law that drew rebukes from the United States and Europe.Wall Street and European stocks ended mixed on Friday following heavy losses in Hong Kong over China's push for a national security law that drew rebukes from the United States and Europe.

Hong Kong shares tumble as Beijing moves to tighten its grip

U.S. Secretary of State Mike Pompeo on Friday called China's proposed national security legislation on Hong Kong disastrous and said it could have an impact on the favorable economic treatment the territory receives from the United States.U.S. Secretary of State Mike Pompeo on Friday called China's proposed national security legislation on Hong Kong disastrous and said it could have an impact on the favorable economic treatment the territory receives from the United States.

U.S. condemns China's 'disastrous proposal' on Hong Kong: Pompeo - Reuters

The growth in China’s defense budget would see spending rise from $167 billion last year to $178.2 billion, an increase of about $11 billion.The growth in China’s defense budget would see spending rise from $167 billion last year to $178.2 billion, an increase of about $11 billion.

China announces $178.2 billion military budget

New legislation proposed in Beijing signals the likely end of the "one country, two systems" policy that has allowed Hong Kong to flourish.New legislation proposed in Beijing signals the likely end of the "one country, two systems" policy that has allowed Hong Kong to flourish.

A Huge Blow to Hongkongers’ Freedoms – Reason.com

Milestone comes a day after Communist Party leaders celebrated 'major achievements' in fight against virus. Milestone comes a day after Communist Party leaders celebrated 'major achievements' in fight against virus.

China reports no new coronavirus cases for first time | Coronavirus pandemic News | Al Jazeera

A proposal to enact new Hong Kong security legislation was submitted to China's rubber-stamp on Friday, state media said, a move expected to fan fresh protests in the semi-autonomous financial hub.A proposal to enact new Hong Kong security legislation was submitted to China's rubber-stamp on Friday, state media said, a move expected to fan fresh protests in the semi-autonomous financial hub.

End Of Hong Kong: China Pushes For National Security Law After Unrest

How the UK may change its approach towards China in the wake of the coronavirus pandemic.

Political battle looming over UK China relations - BBC News

Hong Kong activists call for night protests as Trump warns Beijing against security lawHong Kong activists call for night protests as Trump warns Beijing against security law

Beijing may base security agencies in Hong Kong | Asia – Gulf News

While the rest of the world is focused on fighting a deadly pandemic, China has launched another communist power grab.While the rest of the world is focused on fighting a deadly pandemic, China has launched another communist power grab.

China Makes Communist Power Grab: 'The Rule of Law in Hong Kong Is Over' | CBN News

Exchange-traded funds with exposure to Hong Kong sold off Friday after Beijing said it was considering new security laws that would curtail the territory's...Exchange-traded funds with exposure to Hong Kong sold off Friday after Beijing said it was considering new security laws that would curtail the territory's...

Hong Kong ETFs tumble as China moves to enact new security laws - MarketWatch

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Subscribe to read | Financial Times

China's decision to propose new legislation tightening control over Hong Kong has sparked a wave of condemnation from American lawmakers and officials, in yet another sign of worsening relations between the economic superpowers. Secretary of State Mike Pompeo released a statement Friday saying he "condemns" China's parliament for proposing legislation that he claimed "would be a death knell for the high degree of autonomy Beijing promised for Hong Kong." FILE - Secretary of State Mike Pompeo speaks during a press briefing at the State Department in Washington, May 20, 2020.He also vowed thatChina's decision to propose new legislation tightening control over Hong Kong has sparked a wave of condemnation from American lawmakers and officials, in yet another sign of worsening relations between the economic superpowers. Secretary of State Mike Pompeo released a statement Friday saying he "condemns" China's parliament for proposing legislation that he claimed "would be a death knell for the high degree of autonomy Beijing promised for Hong Kong." FILE - Secretary of State Mike Pompeo speaks during a press briefing at the State Department in Washington, May 20, 2020.He also vowed that

US-China Tensions Rise as Beijing Signals Tightening Controls on Hong Kong | Voice of America - English

Hong Kong’s pro-democracy lawmakers have sharply criticized China’s move to strengthen its grip on the city and limit opposition.Hong Kong’s pro-democracy lawmakers have sharply criticized China’s move to strengthen its grip on the city and limit opposition.

Hong Kong opposition slams China's national security law - Los Angeles Times

China is introducing a new law to gain more control over Hong Kong, which critics fear will end the Special Administrative Region's independence.China is introducing a new law to gain more control over Hong Kong, which critics fear will end the Special Administrative Region's independence.

Hong Kong activists beg Germany to help them, not to give in to China - Business Insider

"Today Beijing imposed the “national security” law in Hong Kong. It gives them broad powers to go after anyone they don’t like. Anyone who criticizes them. Anyone who disobeys them."

Why Hong Kong isn’t dead yet · Global Voices

Beijing may no longer even be paying lip service to "one country, two systems."Beijing may no longer even be paying lip service to "one country, two systems."

China’s new national security law could be a “death sentence” for Hong Kong - Vox

Beijing plainly sees the coronavirus crisis (which it did so much to cause) as a fine time to break its word and crush Hong Kong’s democracy. Let there be no more debate about whether China’s rulers can be trusted — about anything.Proving its word worthless, Beijing is moving to crush Hong Kong’s liberties 27 years ahead of schedule, in blatant violation of the deal that saw Britain hand rule of the city over to the

China's sudden rush to crush Hong Kong's freedom

What happened: China’s National People’s Congress started its annual meeting.  On the political side Premier Li Keqiang announced that the country will introduce a security law for Hong Kong, which added to US-China tensions and generated a risk-off sentiment in global markets.What happened: China’s National People’s Congress started its annual meeting.  On the political side Premier Li Keqiang announced that the country will introduce a security law for Hong Kong, which

Focus: China and Hong Kong | Arab News

This year, the National People’s Congress and the Chinese People’s Political Consultative Congress are turning into a self-congratulatory pageant in which the Party’s emboldened leadership celebrates itself.This year, the National People’s Congress and the Chinese People’s Political Consultative Congress are turning into a self-congratulatory pageant in which the Party’s emboldened leadership celebrates itself.

China’s Communist Party Declares Victory Over the Coronavirus—and Its Critics—at the Biggest Political Event of the Year | The New Yorker

Commentary Yesterday evening, three faceless bureaucrats from the National People’s Congress filed into a nondescript conference room in ...Commentary Yesterday evening, three faceless bureaucrats from the National People’s Congress filed into a nondescript conference room in ...

Hong Kong on the Brink, as Beijing Goes In For the Kill

Ever since Hong Kong was, rightly, relinquished by the British colonial authorities and restored to Chinese sovereignty more than two decades ago, Beijing has been playing cat and mouse with its inhabitants.  Now, once again comes a none-too-stealthy attempt to undermine Hong Kong’s right to determine its own affairs, with Beijing trying, as before, to impose its will on theEver since Hong Kong was, rightly, relinquished by the British colonial authorities and restored to Chinese sovereignty more than two decades ago, Beijing has been playing cat and mouse with its

China has sought to evade its international responsibilities for a quarter of a century | The Independent

If President Trump is looking for an early opportunity to strike back at China amid the coronavirus crisis, one is about to land on his doorstep.If President Trump is looking for an early opportunity to strike back at China amid the coronavirus crisis, one is about to land on his doorstep.

Donald Trump faces deadline to punish China aggression toward Hong Kong - Washington Times

His much-touted trade victory has crashed and burned with the coronavirus pandemic.

Trump's Trade Deal With China Is Dead, Killed by the Coronavirus

WASHINGTON (REUTERS) - New Chinese national security restrictions imposed on Hong Kong could draw a US revocation of the former British colony's "special status" under US law, a move that would have far-reaching trade and investment implications.. Read more at straitstimes.com.East Asia News -WASHINGTON (REUTERS) - New Chinese national security restrictions imposed on Hong Kong could draw a US revocation of the former British colony's "special status" under US law, a move

How ending Hong Kong's 'special status' could affect US companies, East Asia News & Top Stories - The Straits Times

China has not set a GDP growth target for this year and will take a slew of forceful financial measures this year to shore up the economy, which has been dragged down by the devastating COVID-19 pandemic, according to the Government Work Report that Premier Li Keqiang delivered to the opening of the third session of the 13th National People's Congress on Friday.

NPC opens, no growth target set for 2020 - Chinadaily.com.cn