There is concern in Beijing that US President Donald Trump may move to cut China from the US dollar payment system. Photo: Bloomberg There is concern in Beijing that US President Donald Trump may move to cut China from the US dollar payment system. Photo: Bloomberg
There is concern in Beijing that US President Donald Trump may move to cut China from the US dollar payment system. Photo: Bloomberg

Hong Kong security law: China weighs risk US will go for ‘nuclear option’ and cut Beijing from the dollar payment system

  • Risks of US financial sanctions emerge for China after National People’s Congress approves national security law for Hong Kong
  • Beijing wonders whether Washington will cut it off from US dollar payment system and hasten the demise of dollar hegemony in the process

Topic |   China economy
There is concern in Beijing that US President Donald Trump may move to cut China from the US dollar payment system. Photo: Bloomberg There is concern in Beijing that US President Donald Trump may move to cut China from the US dollar payment system. Photo: Bloomberg
There is concern in Beijing that US President Donald Trump may move to cut China from the US dollar payment system. Photo: Bloomberg
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