Posted on 07/16/2020 6:45:23 PM PDT by bitt
For those paying close attention, it appears the background geopolitical economic cold-war between President Trump and China has intensified. As a consequence, all U.S. entities who have cemented their affluence in a partnership with Beijing are now in a position of considerable risk.
The executive order signed yesterday by President Trump supports the liberty of Hong Kong yet accepts an unfortunate reality; a full communist movement to control HK is a foregone conclusion.
[…] I therefore determine that the situation with respect to Hong Kong, including recent actions taken by the PRC to fundamentally undermine Hong Kong’s autonomy, constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States. I hereby declare a national emergency with respect to that threat.
[…] Sec. 4. All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person, of the following persons are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in:
(a) Any foreign person determined by the Secretary of State, in consultation with the Secretary of the Treasury, or the Secretary of the Treasury, in consultation with the Secretary of State:
(i) to be or have been involved, directly or indirectly, in the coercing, arresting, detaining, or imprisoning of individuals under the authority of, or to be or have been responsible for or involved in developing, adopting, or implementing, the Law of the People’s Republic of China on Safeguarding National Security in the Hong Kong Administrative Region;
(Excerpt) Read more at theconservativetreehouse.com ...
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WalMart? The Home Depot? Amazon? Wells Fargo? Who are they talking about?
Yes
There was always a tension in China between capitalism and communism, I guess we are seeing who finally came out on top.
It will be sad to see the beggaring of a once-thriving economy. [I mean Hong Kong's economy - Beijing can't fail fast enough for me]
Does this mean Smithfield foods will go on the auction block, along with AMC?
Money
Profits
Capital
Is considered “property”.
It will no longer go offCONUS to Beijing.
Ford? GM? Tesla?
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