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What will be the Hong Kong government's response to the U.S. House bill by the end of 2024?
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Resolution / Starting Odds
Closure of offices • 25%
Reduction of operations • 25%
No change • 25%
Other • 25%
Official announcements from the Hong Kong government
Story
US House Passes Bill Targeting Hong Kong Trade Offices and Chinese Firms Wuxi AppTec, BGI
Sep 11, 2024, 03:24 AM
The U.S. House of Representatives has passed the Hong Kong Economic and Trade Office Certification Act, which could lead to the closure of Hong Kong's economic and trade offices in the United States. The bill criticizes Hong Kong’s national security laws and questions the human rights situation in the city. This has drawn condemnation from Hong Kong’s government and China’s Foreign Ministry, which described the legislation as discriminatory and politically motivated. China has urged the U.S. to respect market principles and trade rules and to stop pushing forward the bill. Additionally, the bill targets Chinese biotech firms, including Wuxi AppTec and BGI, which China also condemned as discriminatory. A roll call vote on the bill will take place later today.
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Counter-sanctions on US officials • 25%
Diplomatic protests • 25%
No significant response • 25%
Other actions • 25%
Supportive statements • 25%
Neutral stance • 25%
Criticism of the US • 25%
No significant action • 25%
Trade restrictions on US goods • 25%
Sanctions on US companies • 25%
Diplomatic protests • 25%
No significant action • 25%
Denial of findings • 25%
Commitment to investigate • 25%
No response • 25%
Other • 25%
Sanctions imposed • 25%
Diplomatic negotiations initiated • 25%
No significant action • 25%
Other actions • 25%
Yes • 50%
No • 50%
Significant decrease in trade • 25%
Moderate decrease in trade • 25%
No significant change in trade • 25%
Increase in trade • 25%
Yes • 50%
No • 50%
Impose new sanctions • 25%
Increase diplomatic pressure • 25%
Reassess trade agreements • 25%
No significant action • 25%
Retaliatory sanctions • 25%
Diplomatic protest • 25%
Expulsion of U.S. diplomats • 25%
No significant action • 25%