U.S. Congress passes bill to penalize China banks over Hong Kong law

The Senate passed a bill Thursday to penalize banks that do business with officials who implement China's national security law on Hong Kong, the latest in a series of U.S. moves to pressure Beijing for eroding the territory's autonomy.The bill, which the Senate received after the House of Representatives passed it the previous day, will require the signature of President Donald Trump to become law."We will not stand still and silent and do nothing while they crack down on freedom in Hong Kong," Democratic Sen. Chris Van Hollen, a co-sponsor of the Hong Kong Autonomy Act, said prior to the …READ FULL ARTICLE