US President Donald Trump on Tuesday signed an executive order ending Hong Kong’s special status under US law, over China’s national security law for the city. Photo: AP

Hong Kong security law: how will US sanctions affect China’s plan to turn the yuan into a widely used global currency?

  • The threat of US sanctions over Hong Kong has added urgency to Beijing’s efforts to cut its reliance on the US dollar
  • But analysts say intensifying China-US decoupling is likely to make foreign investors wary of using the yuan in place of the US dollar
Topic |   US-China decoupling
US President Donald Trump on Tuesday signed an executive order ending Hong Kong’s special status under US law, over China’s national security law for the city. Photo: AP
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