; Whereas the PRC continues to curtail the rights of the residents of the Hong Kong Special Administrative Region; Whereas, on June 30, 2020, the PRC’s National People’s Congress passed an expansive national security law to broadly criminalize democratic participation and protest in Hong Kong; Whereas this law and other efforts to curtail democratic participation in Hong Kong violates the PRC’s commitments in 1984 and 1997 to the United Kingdom to respect Hong Kong’s long tradition of economic and democratic freedoms for 50 years, beginning on July 1, 1997; Whereas the Beijing government’s increasingly hostile actions threaten the 85,000 American residents and 1,300 United States firms operating in Hong Kong; Whereas, in addition to the above and other geostrategic threats, the PRC wields enormous influence over the United States economy; Whereas the PRC holds over $1,000,000,000,000 in United States Treasury bonds, more than any other foreign nation except Japan; Whereas in recent years the PRC has maintained a massive trade surplus over the United States, valued at $345,600,000,000 in 2019, by manipulating its currency and maintaining unreasonably high tariffs, among other tactics; Whereas the PRC routinely pressures United States companies entering its market to cede their intellectual property and market licensing rights; Whereas the PRC frequently carries out cyberattacks on United States companies to steal trade secrets or other sensitive information it cannot obtain by other means; Whereas cyberattacks originating from the PRC target not only companies, but also United States Government and United States defense interests, academic institutions, nonprofit organizations, and average citizens; and Whereas it is likely that the PRC has access to the personal data of most citizens of the United States: Now, therefore, be it