China's anti-sanctions law a new headache for banks in Hong Kong

Energy Daily

Published

Hong Kong (AFP) Aug 12, 2021

China's plan to expand its anti-sanctions law into Hong Kong is a fresh compliance headache for international banks already caught up in deteriorating relations between Beijing and major western powers, analysts and insiders say. As a finance hub with an internationally respected legal system, Hong Kong has long marketed itself as a reliable business gateway to authoritarian China. But s

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