- DBMS Global
Hong Kong’s WTO threat against US ‘Made in China’ ruling puts city in uncharted waters
On April 24, 1986, when Hong Kong became an independent member of the global trading system in its own right, Michael Cartland stood up from his erstwhile British colleagues within the European Community’s delegation and walked over to take Hong Kong’s seat between Haiti and Hungary.
More than a third of a century later, Hong Kong is facing an existential crisis in the system in which it has thrived for decades.
In response to sweeping national security legislation that has placed question marks on Hong Kong’s autonomy, Washington has begun to strip away the city’s special trading status.