US Secretary of State Mike Pompeo has criticized China for trying various tricks to pressure Britain. He said that through London-based HSBC Bank, he is trying to pressurize the UK for his projects and needs to be cautious given his move.
Pompeo said China had allegedly threatened to punish Britain's bank 'The Hong Kong and Shanghai Banking Corporation (HSBC)'. It has said that if Britain does not allow Huawei to build its 5G network, it will also break its promise to build nuclear power plants in Britain.
He said that Shenzhen-based Huawei is part of the monitoring apparatus of the Communist Party of China. "America stands with its allies and partners against China's Communist Party's methods of bullying," Pompeo said. He should take the threat of HSBC as a warning. ''
He said, "The bank's Asia-Pacific region CEO Peter Wang is a member of the Chinese People's Political Consultative Conference." Just last week he signed a petition supporting the disastrous decision to end Hong Kong's autonomy. ''
Pompeo said that this display of loyalty earned the bank some respect in Beijing. China is using its bank to gain political advantage against London. He said that Beijing's aggressive behavior shows why countries should avoid becoming economically highly dependent on China and protect their vital infrastructure from the influence of the Chinese Communist Party.
He said that Australia, Denmark and other free countries have recently suffered the pressure of the Chinese Communist Party's intention to promote China's political ambitions. The Secretary of State said, "America is ready to help in any need in the UK, from building safe and reliable nuclear power plants to developing reliable 5G services that protect the privacy of citizens." Free countries believe in true friendship and aspire for shared prosperity. ''