China’s banking and insurance regulator has declared the United States’ financial sanctions on Hong Kong organisations and officials accused of eroding the city’s autonomy as “lacking legality”.In a statement published on its website, the China Banking and Insurance Regulatory Commission (CBIRC), issued a stern challenge to Washington.“Any US actions to undermine financial stability in Hong Kong are not only against the Chinese people but also against the people of the world, including the…
from South China Morning Post https://www.scmp.com/economy/china-economy/article/3098480/us-china-relations-beijing-condemns-financial-sanctions-hong
Sunday, August 23, 2020
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