#Santions #ReginaIp
Beijing Loyalists in Hong Kong Claim They Are Unafraid of US Sanctiond but Will Sell Overseas Assets

The US government has announced the sanction of government officials in China and Hong Kong. The list in HK included Chief Executive Carrie Lam, Secretary for Justice Teresa Cheng and Secretary for Security John Lee. At the momrnt, members of the Executive Council (ExCo), who are advisors appointed by the Chief Executive, are not on the list.

ExCo member Tommy Cheung Yu-Yan, who is also the chairman of the pro-Establishment Liberal party, was interviewed by Michael Chugani in China-friendly TVB news.

According to Cheung, his wife and son had difficulties in opening bank accounts and exchanging US dollars. Also, he worried his children and grandchildren would be affected in the coming 20 years. He claimed, “I don't know why, but this is how the world is doing it nowadays.”

Cheung said that he doesn’t have assets in the US and overseas, but he didn’t like to be sanctioned.

Another ExCo member Regina Ip, who is a former government official and now the chair of the pro-Beijing New People’s Party, was interviewed in the same program. Ip believed she wouldn’t be sanctioned in the short term, but she revealed she took some precautions including selling the assets she has in the US.

Source: Stand News #Sept23
#Sanction