US Treasury Secretary Steven Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators. Photo: AFP US Treasury Secretary Steven Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators. Photo: AFP
US Treasury Secretary Steven Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators. Photo: AFP

Hong Kong security law: US may restrict capital flows through city, Treasury Secretary Steven Mnuchin says

  • President’s Working Group on Capital Markets is developing response to protect US investors from China firms that do not follow US accounting rules
  • Plans for the new law, which critics say will erode Hong Kong’s autonomy, have already prompted US President Donald Trump to begin withdrawal of Hong Kong’s special treatment

Topic |   Hong Kong national security law (NSL)
US Treasury Secretary Steven Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators. Photo: AFP US Treasury Secretary Steven Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators. Photo: AFP
US Treasury Secretary Steven Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators. Photo: AFP
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