News Snapshot:
By Alun John and Scott Murdoch Reuters HONG KONG (Reuters) - Global banks and other financial institutions in Hong Kong are scrambling to find out details of China's planned imposition of an anti-sanctions law on the city, and trying to understand how it could impact their operations in the financial hub. Beijing adopted a law in June under which individuals or entities involved in making or implementing discriminatory measures against Chinese citizens or entities could be put on a government anti-sanctions list. Financial firms are closely watching a meeting this week https://www.reuters.com/world/china/chinas-top-legislature-discuss-adding-anti-sanctions-law-hong-kong-friday-media-2021-08-17 of the National People's Congress Standing Committee, the...