The US has reacted strongly to China threatening Britain for its projects. US Secretary of State Mike Pompeo said that the US stands with its allies and partners against China’s Communist Party’s methods of bullying. He said that we need to be alert in view of Beijing’s move. He also warned other countries of the world not to get caught in China’s economic trap.
China is under pressure for projects on Britain
US Secretary of State Mike Pompeo said that through HSBC Bank based in London, he was trying to pressure the UK for his projects and needed to be cautious given his move. Pompeo alleged that China had allegedly threatened to punish UK banks The Hong Kong and Shanghai Banking Corporation (HSBC). China has said that if Britain does not allow Huawei to build its 5G network, it will also break its promise to build nuclear power plants in Britain.
America also attacked Huawei
The US Secretary of State also targeted Chinese 5G service provider Huawei. Pompeo said that Shenzhen-based Huawei is part of the monitoring apparatus of the Communist Party of China. The United States stands with its allies and partners against China’s Communist Party’s methods of bullying. He should take the threat of HSBC as a warning.
China is using bank for political gain
He said that the bank’s Asia-Pacific CEO Peter Wang is a member of the Chinese People’s Political Consultative Conference. Just last week, he signed a petition supporting the disastrous decision to end Hong Kong’s autonomy. This display of loyalty to China earned the bank some respect in Beijing. Now China is using this bank to gain political advantage against London.
Advice to avoid China’s economic trap
Mike Pompeo said that Beijing’s aggressive behavior shows why countries should avoid becoming economically highly dependent on China and protect their vital infrastructure from the influence of the Chinese Communist Party. He said that Australia, Denmark, and other free countries have recently suffered the pressure of the Chinese Communist Party’s intention to promote China’s political ambitions.
America ready to give all possible help to Britain
Pompeo said the United States is ready to help with any need in the UK, from building safe and reliable nuclear power plants to developing reliable 5G services that protect citizens’ privacy. Free countries believe in true friendship and aspire for shared prosperity.