New sanctions will not benefit US

August 8, 2020

Secretary for Commerce & Economic Development Edward Yau today said the US Government’s latest sanctions on Hong Kong would negatively affect US interests in the city.


Mr Yau made the statement at a media session after attending a radio programme this morning.


He said the US' latest sanctions are unreasonable and barbarous, adding that they would in the long run inflict a wound on US interests in the city.


“Looking at the wider interest between Hong Kong and the US, such imposition of unreasonable measures would send a very wrong signal to the US investment in Hong Kong.”


Mr Yau pointed out the US would ultimately pay the price and that the sanctions will definitely hurt the relationship between the two sides.

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