President Biden has issued a warning to U.S. companies doing business in Hong Kong that because of China’s national security law, the former colony is no longer a safe place for commerce.



AILSA CHANG, HOST:

Today, the Biden administration issued a warning to American businesses operating in Hong Kong. It flagged a range of risks that a year ago, nobody really had to worry about. It also imposed new sanctions on several Chinese officials for undermining Hong Kong’s autonomy from Beijing. To help us understand the significance of all of this, we’re joined now by NPR China affairs correspondent John Ruwitch. Hey, John.

JOHN RUWITCH, BYLINE: Hi, Ailsa.

CHANG: Hi. OK, so new sanctions, also a new warning to businesses. Let’s start with the sanctions. Who exactly is being sanctioned, and why?

RUWITCH: So this time, they have sanctioned seven officials from the liaison office of the Central…

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