U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such 'corporate kowtows' got little in return from Beijing.
) for backing moves by China to end Hong Kong’s autonomy, saying such “corporate kowtows” got little in return from Beijing.
“The United States stands with our allies and partners against the Chinese Communist Party’s coercive bullying tactics,” Pompeo said in a statement, his latest swipe at China’s ruling party. U.S.-China ties have deteriorated rapidly since the start of the year over the coronavirus pandemic and Hong Kong. Washington sees Huawei as an extension of the Chinese government and urges European allies to exclude it from mobile networks.
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