Hong Kong Special District Chief Carrie Lam criticized the US Democracy and Human Rights Act as unnecessary and threatened to respond.

"The Act creates an unstable and uncertain environment. The current impact is business confidence because companies will worry about what actions the US government can take in the future after they see it." Review this law, "Hong Kong Chief Executive Carrie Lam said at a press conference at the government building today.

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Hong Kong Chief Executive Carrie Lam at a press conference today Photo: AFP

Lam said the law was "absolutely unnecessary" and warned that Hong Kong would follow Beijing on the implementation of retaliatory measures against the US, but did not specify what the measure was.

US President Donald Trump signed on November 27 to pass the Hong Kong Democracy and Human Rights Act presented by Congress. Under this act, the US Secretary of State is annually responsible for certifying that Hong Kong maintains its autonomy so that the special zone can enjoy preferential trade from the US, maintaining the role of the world's financial center.

Hong Kong enjoys special status, helps the special zone buy sensitive technologies, while ensuring a free exchange of US and Hong Kong dollars as well as allowing the city to negotiate trade deals and Independent investment with Beijing. The special status also helps Hong Kong residents avoid the visa restrictions that apply to mainland Chinese citizens.

The US president also signed a law banning the sale of tear gas, rubber bullets and other equipment used by Hong Kong police forces to counter protesters.

The Chinese Foreign Ministry earlier announced that calling Trump's passage of the law a "disgusting, sinister" act, at the same time, warned of fierce retaliation and U.S. consequences. fruit. However, Chinese Foreign Ministry spokeswoman Canh Shun declined to comment on Beijing's response.

China on Monday announced its decision to suspend the consideration of an application for US warships to Hong Kong to rest and recover as it is today, and will impose sanctions on non-governmental organizations based in the United States. "bad" for Hong Kong's recent unrest.

The US passed a law on Hong Kong in the context of this special zone witnessed protests from early June to protest the extradition bill that allows suspects to be brought to the jurisdiction areas for which the SE has not signed the treaty. degrees, including mainland China. After the bill was withdrawn in September, protesters still took to the streets to make other requests, including police investigations using force against protesters, democratic elections and Carrie Lam.

Lam said today the city government will launch a fourth stimulus package in the short term to cope with the recession due to protests. However, she did not give details of what the new stimulus is.