China to impose retaliatory sanctions over U.S. law on HongKong

China to impose retaliatory sanctions over U.S. law on HongKong

BEIJING (Reuters) – China said on Wednesday it will impose retaliatory sanctions on U.S. individuals and entities after U.S. President Donald Trump signed a law penalising banks doing business with Chinese officials who implement the new Hong Kong national security law.

The Chinese foreign ministry said in a statement that Beijing strongly opposes the latest U.S. action and urged Washington to stop interfering in China’s internal affairs, state television reported.