US warns banks against dealings with 10 officials including Carrie Lam, Chris Tang, Teresa Cheng, and Luo Huining
The United States Department of State on Wednesday formally warned international financial institutions doing business with individuals deemed responsible for China’s crackdown in Hong Kong that they could soon face sanctions. In a report to Congress seen by Reuters, the State Department named 10 individuals – all of whom have already been sanctioned, including Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor – and said within 60 days it would identify financial institutions that conduct...
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