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U.S. to end preferential treatment for Hong Kong to retaliate against China Updated: 2020-05-30 12:14:26 KST

U.S. President Donald Trump announced on Friday that Washington will begin revoking Hong Kong's favored trade status and revise its travel advisory, for Hong Kong is no longer "sufficiently autonomous" from mainland China.
The retaliatory measures come in response to Beijing's passing of a controversial national security law in Hong Kong.

"China has replaced this promised formula of "one country, two systems" with "one country, one system." Therefore, I'm directing my administration to begin the process of eliminating policy exemptions that give Hong Kong different and special treatment."

He added the U.S. would suspend the entry of Chinese nationals identified as potential security risks, which may affect Chinese graduate students studying at U.S. universities.
The President also announced that Washington will terminate its relationship with the World Health Organization, accusing China of having total control over the WHO.
He noted that China only pays 40 million U.S. dollars a year to the WHO, whereas the U.S. contribution is the far greater sum of around 450 million dollars.
He said the money would be redirected to other global health needs.
In response to Trump's announcement on Friday, China's Global Times newspaper denounced the measures, calling them a "recklessly arbitrary" step.
It also warned that the U.S. would pay for targeting China, and added that erasing Hong Kong's special treatment will eventually backfire on the U.S.
The U.S. and Britain also discussed Hong Kong at a closed virtual meeting of the UN Security Council on Friday. China slammed the meeting for interfering in Beijing's internal matters.
All the while, China's national security law has been receiving much criticism from international society, with the EU also expressing "grave concerns" over the law.
Kim Jae-hee, Arirang News.
Reporter : jhee@arirang.com
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