HSBC under fire in UK for backing China's Hong Kong law

Terra Daily

Published

London (AFP) June 11, 2020

Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender last week backed Beijing's contentious legal proposal for Hong Kong, which critics fear will be used to stamp out dissent in the city. HSBC's announcement angered business and political circle

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