News Snapshot:
U.S.-China tensions are not good for Hong Kong, said the city’s secretary for commerce and economic development, as he urged everyone to recognize that the “common enemy†of the world is the coronavirus pandemic. “We are … seeing U.S.-China tensions mounting, which is unhelpful to Hong Kong, and also to the trade between U.S. and China. But as we are fighting the pandemic, I think the last thing one would want is a further distraction that would disturb or disrupt the trade,†Edward Yau told CNBC’s “Squawk Box Asia†on Monday. He pointed to the “economic scorecard across the Pacific,â€...
