China said the United States is set to restore Hong Kong’s special trade status, according to the brief report. The move would reverse a 2020 decision made during Donald Trump’s presidency, when Washington removed that treatment in response to Beijing.

Hong Kong’s special status had set it apart from mainland China in US trade policy. Its removal became one of the more notable steps taken as relations between Washington and Beijing worsened over Hong Kong and other broader disputes.

If the status is reinstated, the development would be closely watched by businesses and investors with exposure to Hong Kong. Any change in how the US treats the city in trade matters could influence commercial expectations and the wider tone of US-China ties.

The trimmed report did not provide further detail on timing, conditions or confirmation from the US side. Still, the claim signals a potentially important policy shift involving Hong Kong and one of the key measures introduced in 2020.