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8 hours agoUS penalties for banks doing business with Chinese officials
Periskopi(6 years ago)
(6 years ago)The U.S. Senate adopted a law today presenting penalties for American banks doing business with Chinese officials who enforce the new draconian National Security Law in Hong Kong, and sent the document to President Donald Trump for signing. The law was unanimously passed in the Senate and the House of Representatives, which is an example of [...]
The U.S. Senate adopted a law today presenting penalties for American banks doing business with Chinese officials who enforce the new draconian National Security Law in Hong Kong, and sent the document to President Donald Trump for signing.
The law was unanimously adopted in the Senate and the House of Representatives, which is a rare example of the agreement between Democrats and Republicans, but also an indication that Washington worries about the collapse of the autonomy of the former British Colonel and the city that is supposed to be the cheapest financial centre in China, Reuters broadcast.
