US lawmakers warn Hong Kong becoming financial crime hub …C0NTINUE READING HERE >>>
US lawmakers called on Treasury Secretary Janet Yellen to reevaluate Hong Kong’s unique trade privileges.
Photo: Dale DE LA REY / AFP
Source: AFP
US lawmakers urged the government Monday to rethink banking ties with Hong Kong, citing its “increasing role” in money laundering, sanctions evasions and reported funneling of banned technology to Russia.
Since Beijing imposed a sweeping national security law on the semi-autonomous Chinese city in 2020, “Hong Kong has shifted from a trusted…
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