earlier we spoke with business reporter clifford kuhn asking him why china has ditched its annual growth forecast for the 1st time in decades we've never had so many variables out there you've got the pandemic you've got uncertainties about trade china is in to some extent further ahead of coming out of the pandemic than other countries but at the same time it's very reliant on other countries for its exports and for international trade so there just isn't enough certainty out there i think for china to be able to say with authority that this is what the growth forecast is going to be covered in their business now back to the draft law in hong kong the u.s. warning china on friday that its plans to tighten control could endanger hong kong special trade status with the us ending the status would have far reaching consequences for businesses on both sides of the pacific it ensures lower tariff rates and visa free travel the u.s. invested $82500000000.00 in hong kong and 2018 and more than $85000.00 americans live in the city. and now i'm joined by our financial correspondent in new york. y