The House Select Committee on the Chinese Communist Party should ask HSBC executives to testify over their support for China's repression in Hong Kong.
The committee should invite and, if necessary, subpoena testimony from HSBC legal chief Bob Hoyt and the bank's U.S. and Americas division CEO Michael Roberts. It should ask these executives why they are contravening HSBC's human rights policy by freezing accounts belonging to human rights activists.HSBC's great deference to Beijing's oppression has long been clear. It cares about its retained access to the lucrative Hong Kong banking market and not much else.
This is accurate. Kwok's only crime is to advocate rights that Beijing itself is obliged to provide to her and all Hong Kong's residents. Under the legally binding Sino-British Joint Declaration treaty, Beijing committed to retain Hong Kong's democratic character and rule of law until at least 2047. It is now shredding that obligation.
Fortunately, the China select committee led by Rep. Mike Gallagher should have no such conflicts of interest. The committee should thus ask HSBC executives how their Hong Kong policies correlate with the bank's published human rights policy. HSBC's human rights policy says,"We are guided by the International Bill of Human Rights, including the UN Declaration of Human Rights. ...
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