Ten Things You Need to Know Today: Thursday 2 Jul 2020

1. US prepares new sanctions against China

The US is preparing new Hong Kong-related sanctions, after China imposed a security law that was condemned by countries around the world. The measure, which was passed unanimously in the House of Representatives, will punish banks that do business with Chinese officials. Critics say Beijing’s legislation ends freedoms that were guaranteed for 50 years when British rule ended in 1997.

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