US Hong Kong Sanctions Threaten $1.1T in China Funding

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China’s largest banks have $1.1 trillion in dollar funding at stake and face potentially steep fines from U.S. legislation that targets penalizing lenders doing businesses with Chinese officials involved in Hong Kong’s controversial security law, according to Bloomberg…

from Newsmax – America https://www.newsmax.com/us/hong-kong/2020/06/29/id/974808
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