Biden to warn US companies about doing business in Hong Kong
by: MATTHEW LEE, Associated Press
Posted: Jul 15, 2021 / 06:53 PM EDT
/ Updated: Jul 15, 2021 / 06:53 PM EDT
People visit the annual book fair in Hong Kong Wednesday, July 14, 2021. Booksellers at Hong Kong’s annual book fair are offering a reduced selection of books deemed politically sensitive, as they try to avoid violating a sweeping national security law imposed on the city last year. (AP Photo/Matthew Cheng)
WASHINGTON (AP) — The Biden administration is expected to issue a blanket warning to U.S. firms about the risks of doing business in Hong Kong as China continues to clamp down on political and economic freedoms in the territory.
U.S. officials say the advisory could be issued as soon as this week. President Joe Biden told reporters Thursday that the alert would point out deteriorating free market conditions in Hong Kong, which was…
