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The U.S. House of Representatives passed a bill that could potentially close Hong Kong’s U.S.-based trade offices if they are found to lack autonomy from Beijing. The bill requires the U.S. Secretary of State to review the trade offices' privileges annually and terminate operations if national security concerns arise. Beijing and Hong Kong officials condemned the legislation, accusing the U.S. of interfering in China's internal affairs.

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00:00It's Benzinga, and here's what's on the block.
00:02The U.S. House of Representatives passed a bill that could potentially close Hong Kong's
00:07U.S.-based trade offices if they are found to lack autonomy from Beijing.
00:11The bill requires the U.S. Secretary of State to review the trade offices' privileges annually
00:15and terminate operations if national security concerns arise.
00:19Beijing and Hong Kong officials condemned the legislation, accusing the U.S. of interfering
00:23in China's internal affairs.
00:24For all things money, visit Benzinga.com.

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