China Sanctions Wilbur Ross After U.S.’s Hong Kong Warning
- Statement invokes China’s new ‘anti-foreign sanctions’ law
- White House says move shows ‘deteriorating investment climate’
This article is for subscribers only.
China’s Foreign Ministry said the government is sanctioning seven people and entities, including former U.S. Commerce Secretary Wilbur Ross, in retaliation for a Biden administration warning to businesses about working in Hong Kong.
The move Friday invokes a new law to hit back against sanctions by the U.S. and its allies.