Trump Administration Set to Sanction Foreign Financial Institutions Over Hong Kong

Global banks are increasingly being forced to pick a side amidst U.S.-China hostilities

7 minute readJuly 17, 2020 at 05:37 AM

Vincent Chow

Trump Administration Set to Sanction Foreign Financial Institutions Over Hong Kong

The Trump administration will sanction foreign financial institutions that conduct "significant transactions" with individuals and entities accused of eroding Hong Kong's autonomy. Lawyers say that the recent flurry of legislation

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