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