Former Hong Kong lawmaker urges U.S. to punish China's 'ATM': the banking sector

Former Hong Kong lawmaker urges U.S. to punish China’s ‘ATM’: the banking sector Reuters 26 mins ago By Humeyra Pamuk By Humeyra Pamuk WASHINGTON, Dec 11 (Reuters) – The United States should target Hong Kong’s financial sector with tougher sanctions to deprive China from its ‘ATM’ and to force Beijing to the negotiating table over its crackdown on the Asian financial hub, a former Hong Kong lawmaker told Reuters. Sixtus “Baggio” Leung said he hopes to meet with advisers of President-elect Joe Biden to urge him to ramp up pressure on China, which tightened its grip over the former British…