U.S. announces end of Hong Kong's special status

What China has been doing recently breaks many terms of the 1997 Hong Kong agreement. I remember one of their officials recently said something like "those agreements are no longer relevant."

If a country like Fiji or Venezuela did this, they would have hell to pay. Perhaps I should decide my rental lease agreement with my landlord was "no longer relevant" because I no longer feel like paying him rent.

“The move will likely place Hong Kong's role as a leading global financial hub in jeopardy.”

Hong Kong’s prosperity as the democratic storefront to China’s exploitation of their people and resources has been doomed since July 1, 1997. It was a matter of time until a single autocrat assumed total control of China and viewed HK autonomy as a threat to his personal power. That’s what happened, that’s where we are, and Xi will continue to trade prosperity for power until it crashes down on his head.