The statement was drafted by former Hong Kong Governor Christopher Patten and former British Foreign Secretary Malcolm Rifkind, and signed by 186 policy makers and politicians from 23 countries.
The UK Foreign Office has said that it remains "committed" to respecting the one-country-two-systems model.
It has been brewing. In particular, he said he "can't see how Hong Kong remains an Asian financial center" if the bill is made into law.
Thousands of people in Hong Kong took the streets on Sunday to oppose Beijing's proposed law after calls by pro-democracy activists to resume the protests of previous year, which were disrupted due to the coronavirus pandemic.
Beijing has warned the USA that it will take "every necessary measure" to protect its interests after a top White House advisor warned that Washington might revoke Hong Kong's special trading privileges if China enacts a tough new security law. Pro-democracy lawmakers also won a landslide victory in the region's November local election, but Beijing has continued to push for stricter control.
The planned Sunday protests do not have official permission, and Hong Kong's police force warned it would take action against any unauthorised assembly, and also cited current coronavirus-linked rules against public gatherings larger than eight people.
Ricky Chun, a retiree, said, "This is the only way we can express ourselves".
Wang argues that the law will create more stability and confidence in the Special Administrative Region and provide a better environment for security. AmCham has called for further clarification of the proposed national security legislation, saying in a statement on Friday that the "law may jeopardize future prospects for worldwide business, particularly if a long list of details is not spelled out and clarified".
No matter what the United States decides to do, the Hong Kong we have cherished and celebrated ceased to exist on May 22, 2020.
The proposal has provoked outrage in Congress where bipartisan support has mounted-up quickly for new sanctions on Chinese officials and entities.
Steve Vickers, who heads a risk consultancy company in Hong Kong, told Nikkei on Monday that clients - including financial institutions, private equity funds, insurance companies, nonfinancial corporations and high net-worth individuals - were seeking advice. -China trade negotiations was a "mistake". Two US Senators proposed sanctions on entities enforcing the law and the U.S. Commerce Department added 33 Chinese companies and institutions to a blacklist on Friday.
"I want to say here: Don't waste precious time any longer, and don't ignore lives".
Taiwan has no law on refugees that could be applied to Hong Kong protesters who seek asylum on the island.
So, far, the protests have been less violent than those of during the 70th anniversary of the founding of the People's Republic of China last June.
Police Commissioner Chris Tang said there have been 14 cases involving explosives "commonly used in terrorist attacks overseas" and five seizures of firearms and ammunition since protests began in June a year ago.
The legislation, which will bypass the city's legislature, has called recent events a challenge to the "one country, two systems" principle and has "threatened national sovereignty, security and development interests", state-owned Xinhua noted. U.S. hopes HongKong's elections produce pro-US forces in power, thus enabling the United States to manipulate HK's affairs.
Hu Xijin, editor-in-chief of the nationalist tabloid Global Times, posted the video on Twitter - a platform banned in mainland China.
"China conflict - the potential of Hong Kong having its special status removed by the US and the potential for a much more antagonistic relationship with the USA business community and authorities in Hong Kong". The start to the week will likely kick off on a sour note and risk-off.
"We have seen how resilient and resourceful the people of Hong Kong are".