Politics
China Sanctions Bill On Hong Kong Law Approved by Senate
- Measure would target banks doing business with officials
- Legislation aimed at escalating pressure over security law
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The Senate Thursday approved a bipartisan measure that would penalize banks doing business with Chinese officials involved in the national security law the country is seeking to impose on Hong Kong.
The measure sponsored by Democrat Chris Van Hollen of Maryland and Republican Pat Toomey of Pennsylvania was approved by voice vote. Companion legislation has been introduced in the House with bipartisan support; it would need to pass that chamber before it reaches President Donald Trump’s desk.