The People’s Bank of China has pledged support to help Hong Kong maintain its status as a finance hub. Photo: Bloomberg
Hong Kong security law: China doubles down on support for city as finance hub as concerns mount over its future
- China is expanding financial schemes in Hong Kong to cement its status as a commercial gateway to the rest of the country
- Beijing’s imposition of a new national security law on the city has raised the risk of US financial sanctions and prompted questions over its future
The People’s Bank of China has pledged support to help Hong Kong maintain its status as a finance hub. Photo: Bloomberg