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WASHINGTON—As U.S. officers weigh sanctioning China over its current strikes in Hong Kong, the town’s standing as a world monetary heart limits the menu of efficient levers obtainable to Washington.
Major actions in opposition to Hong Kong’s monetary system danger hitting U.S., Western and Hong Kong firms and shoppers, officers and analysts say. More focused sanctions in opposition to Chinese officers and commerce measures in opposition to merchandise made in Hong Kong would have little influence on Beijing’s integration of the town into the mainland’s…
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