US Lawmaker Proposes Bill in Congress to Recognise Tibet and Hong-Kong as Independent Nations

As tensions rise between the United States of America and the People's Republic of China, a bill is proposed in the Congress by a US lawmaker, allowing American President to recognise Tibet as an independent nation, according to International News.

The bill was tabled by the US Congressman Scott Perry, who happens to be a military veteran and a Republican from Pennsylvania. He also introduced a similar bill, to declare Hong Kong, another Chinese-ruled region as an independent territory.

Both the bills could further escalate tensions between two countries.

The two bills introduced by the Republican from Pennsylvania have been referred to the House Committee on Foreign Affairs as published by Opindia.

Tibet is highest region on earth and is located in the south-west of China. The highest elevation in Tibet is Mount Everest. China invaded Tibet in 1949 and completely occupied the territory in 1959. Since then the Tibetan population has accused the Communist country of carrying out large scale human right violations and demographic changes.

The bill which has been welcomed by many Tibetan activists will have to be passed in both the House of Representatives and the Senate before getting assent from the President to be an act.

US Senate to delist Chinese companies from American stock exchanges

A bill, introduced by Senator John Kennedy, a Republican from Louisiana, and Chris Van Hollen, a Democrat from Maryland initiated to block Chinese firms from getting listed on the American stock exchanges which are not abiding by the US accounting laws.

Reportedly, the Chinese companies listed at the New York Stock Exchange do not report earnings just like American companies do as published by opindia.

There has been some controversy in the US Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. amid increasingly tense relations between the world's two largest economies.

In a major escalation, the Trump administration had issued a new rule on barring Huawei and its suppliers from using American technology and software according to the article published by opindia.

Commerce Secretary Wilbur Ross in a statement said that the rule change is to "prevent U.S. technologies from enabling malign activities contrary to US national security and foreign policy interests". He also added that Huawei and its affiliates "have stepped-up efforts to undermine these national security-based restrictions."

Also Read: 40.7 Million American Workers Seek Unemployment Benefits

"We Could Cut Off The Whole Relationship", Says Trump on China

US President Donald Trump had earlier said that he had lost all interest in speaking to his chinese counterpart Chinese President Xi Jinping. He also said that US could even cut ties with China following the outbreak of deadly pandemic of the Wuhan Coronavirus.

Donald Trump had said he was very disappointed with China's failure to contain the disease and that the pandemic had cast a shadow over the US-China trade deal in his conversation with Fox News on Thursday.