Democracy Bill May Cause Chinese Retaliation

• Washington angered Beijing by passing a bill aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations.
• That’s as protesters sought to ramp-up disruption on transport networks, while this week’s university siege is still not completely over. 
• China responded to the U.S. by threatening to impose unspecified retaliation if the bill becomes law. That rebuke could hardly be more untimely for investors hoping a U.S.-China trade deal is nearing. 

(Source: Bloomberg)