About: http://data.cimple.eu/news-article/d4d3edf53f3f6e0ba3a28d63a9069e4a4862da2d5145a9471776ffe3

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About: http://data.cimple.eu/news-article/d4d3edf53f3f6e0ba3a28d63a9069e4a4862da2d5145a9471776ffe3 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	US Secretary of State Mike Pompeo on Tuesday took to task HSBC for backing Beijing's controversial security law proposal in Hong Kong, warning of businesses' overreliance on China. The Asia-focused British banking giant last week posted its support for the law on Chinese social media platform WeChat with a picture of HSBC's top Asia executive, Peter Wong, signing a petition backing the measure. "That show of fealty seems to have earned HSBC little respect in Beijing, which continues to use the bank's business in China as political leverage against London," Pompeo said in a statement, calling HSBC's experience "a cautionary tale." "Beijing's aggressive behavior shows why countries should avoid economic overreliance on China and should guard their critical infrastructure from CCP influence," he said, referring to the Chinese Communist Party. Pompeo renewed his call on all countries to shun Chinese telecom giant Huawei, which Washington says will jeopardize personal security if it is allowed to dominate construction of the fifth-generation internet. China's rubber-stamp parliament last month moved ahead with a law that will punish subversion and other perceived offenses in Hong Kong, a move some activists say will kill the former British colony's promised freedoms. Pompeo responded by declaring that Hong Kong will no longer be considered autonomous from mainland China in the eyes of US law. HSBC offered support for the law after public pressure from a pro-Beijing figure in Hong Kong who pointed to the bank's reliance on business in China. HSBC executive Wong, speaking to Chinese state media agency Xinhua, voiced hope that the law would bring "long-term stability and prosperity" to Hong Kong. Other British companies that have backed the law, bucking London's official position, include bank Standard Chartered. sct/cl
schema:headline	Pompeo criticizes HSBC for backing Hong Kong law
schema:mentions	British Empire HSBC Mainland China Colony Huawei Mike Pompeo Communist Party of China Asia George Washington Hong Kong London Social media China Peter Wong Hong-yuen Fealty Long-term stability Standard Chartered Critical infrastructure Pro-Beijing camp (Hong Kong) WeChat Xinhua News Agency Government of China
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	93 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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