China’s Anti-Sanctions Law For Hong Kong Raises Uncertainty For Global Banks And Financial Firms


Source: eminetra.com.au eminetra.com.au

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Enforced by the Chinese government last June, the Sanctions Prevention Act planned in Hong Kong sounded a warning and represented the latest developments. [While tension is rising](//www.ibtimes.com/made-hong-kong-brand-suffers-us-china-tensions-deepen-3040938) Between China and the United States. The law is in the midst of the United States, imposing some new rounds of economic sanctions on China, and China leveling new security restrictions and sanctions lists for individuals and businesses operating in the country. I am. But recently, the Chinese government has announced that no new law will be imposed on Hong Kong … at least for now. This has provided temporary relief to businesses...