The House Bans The Fed From Building A CBDC Like The Digital Yuan
By taking this step, House legislators have decided not to pursue China’s path when it comes to central bank digital currencies, digital freedom and financial surveillance.
By taking this step, House legislators have decided not to pursue China’s path when it comes to central bank digital currencies, digital freedom and financial surveillance.
China’s draconian National Security Law unleashed onto Hong Kong in 2020 has had a chilling effect on religious believers, including widespread self-censorship in sermons and other religious activities.
Hong Kongers continue to vote with their feet and leave, coming to the conclusion that China’s draconian National Security Law has transformed previously one of the most open cities in Asia into little more than a police state.
Hong Kong judges may have had a role in undermining the rule of law in Hong Kong through broad interpretations of the 2020 National Security Law, which criminalized any form of government protest and deemed various forms of pro-democracy activism as subversion.
“Hong Kong is a litmus test for how China views the world,” Sebastien Lai told journalists during a visit to Washington. “If they aren’t willing to respect those freedoms in Hong Kong, then the long arm of China is basically everywhere.”
It has been almost three years since the Chinese Communist Party (CCP) instituted the National Security Law (NSL) in Hong Kong in July 2020.
While Hong Kong was to be autonomous from China until 2047, it’s hostile subjugation by the Chinese Communist Party (CCP) is being celebrated by some major American corporations.