Cui Tiankai reassures US residents of HK

Hong Kong is often a transfer point for US exports ultimately destined for the Chinese mainland, according to the"2020 State Export Report," a study released by the US-China Business Council in April. There was a 16.2 percent decline in US exports to Hong Kong, knocking it off the top 10 list last year, but Hong Kong remained a top-five services export market for Alaska in 2018 and a top-five goods export destination for New York state ($5.4 billion) and Vermont ($198 million) in 2019, according to the report, which looks at goods and services exports by US states to China over the past decade.