The Treasury has also announced sanctions against seven Chinese officials for violating the terms of the 2020 Hong Kong Autonomy Act.
An advisory issued Friday by the departments of State, Treasury, Commerce and Homeland Security cautioned businesses that a new national security law poses risks to their operations in Hong Kong.
"Their actions are rooted in the American anxiety that China's development will one day threaten U.S. hegemony," a column published by Xinhua News Agency said.
China is imposing fresh counter-sanctions on United States entities just days ahead of a visit by U.S. Deputy Secretary of State Wendy Sherman.
The government of Hong Kong on Wednesday objected to U.S. media reports that several large tech companies are threatening to pull out of Hong Kong over new laws that would criminalize “doxxing,” the malicious exposure of private data, and hold platforms like Facebook, Twitter, and Google liable for allowing the activity.
Google, Twitter and Facebook warned that if Hong Kong's privacy regulations are changed, these companies may no longer be able to offer their services in the Chinese territory.
Asia Internet Coalition, including Twitter and Apple, sounds warning over amendments to laws that could see individuals hit with ‘severe sanctions’
Tech companies are already at odds with the Hong Kong government, and that tension appears to be on the rise. The Wall Street Journal has learned that the Asia Internet Coalition, a tech alliance including Facebook, Google and Twitter, has quietly warned Hong Kong that companies would stop operating in the territory if officials move forward with data protection law amendments that could hold companies liable for doxxing campaigns.
The Biden administration has warned American companies about doing business in Hong Kong.
Washington has openly criticized Beijing's sweeping national security law passed in June 2020 aimed at limiting Hong Kong's autonomy.
U.S. President Joe Biden said China's government "is not keeping its commitment" that it made on Hong Kong.
Google, Facebook & Twitter Threaten To Pull Services In Hong Kong Over "Vague" Doxxing Law