The China sanction is long overdue but it is just a symbolic move to show the world that China is no pushover. The China sanction is not as serious as the US sanction because it doesn't prevent companies from doing business with these 28 Americans. This means that these 28 Americans can still use Visa and Mastercards compared to the HK Chief Executive.
Let's not forget that Visa and Mastercards need licences to operate in China, HK and Macau, and China still can force them to ban these sanctioned Americans if necessary.
However, China's sanction will make Mike Pence and Pompeo lose their candidacies in the next US presidential election even when this sanction doesn't affect their daily lives.
No comments:
Post a Comment