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IPFS News Link • Stock Market

Stocks Slide After Enraged China Summons US Ambassador To Protest-

• by Tyler Durden

Here we go in the expected immediate tit-for-tat after President Trump announced Tuesday evening from the Rose Garden that he'll be signing the Hong Kong Autonomy Act, a bipartisan measure to penalize banks that work with Chinese officials found to be interfering in Hong Kong affairs, but most especially the Mike Pompeo's Wednesday morning statement indicating US will impose Visa restrictions on Chinese corporate executives within companies like Huawei who facilitate human rights violations.

China's Vice Foreign Minister Zheng Zeguang summoned U.S. ambassador to China Terry Branstad Wednesday to make "solemn representations" regarding the executive order signed by President Donald Trump on Hong Kong, the ministry says in a statement, Bloomberg reports.