China vows retaliation after Trump ends preferential status for HK

Shares President Donald Trump on Tuesday ordered an end to Hong Kong's special status under US law to punish China for what he called "oppressive actions" against the former British colony, prompting Beijing to warn of retaliatory sanctions. Citing China's decision to enact a new national security law for Hong Kong, Trump signed an executive order that he said would end the preferential economic treatment for the city. "No special privileges, no special economic treatment and no export of sensitive technologies," he told a news conference. Acting on a Tuesday deadline, he also signed a bill approved by the US Congress to penalize banks doing business with Chinese...