China’s banking and insurance regulator has hit out at the United States’ sanctions on Hong Kong. Photo: Dfic
China’s banking and insurance regulator has hit out at the United States’ sanctions on Hong Kong. Photo: Dfic

US-China relations: Beijing condemns financial sanctions on Hong Kong

  • America’s ‘actions to undermine financial stability in Hong Kong are not only against the Chinese people but also against the people of the world’, CBIRC says
  • But watchdog offers little advice on how lenders in the city should deal with the new restrictions

China’s banking and insurance regulator has hit out at the United States’ sanctions on Hong Kong. Photo: Dfic
China’s banking and insurance regulator has hit out at the United States’ sanctions on Hong Kong. Photo: Dfic
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