Economist says US sanctions to have minor impact on HK
chinadaily.com.cn |
Updated: 2020-07-10 20:01
Share
Share - WeChat
The US sanctions on Hong Kong, which conflict with its own interests, will have little impact on the global financial center, said Francis Lui, an economist at the Hong Kong University of Science and Technology.
In an interview with China Daily, the professor emeritus said that the US is unlikely to go as far as de-pegging the US dollar to Hong Kong's currency because the move would run afoul of US policy of monetary hegemony.
- Ordination certificate of Shi Yongxin revoked
- Landslide claims 4 lives in Hebei, 8 missing
- China allocates 50 million yuan to support flood-hit Hebei
- Beijing issues rainstorm, flood alerts amid heavy downpours
- China moves to revoke Buddhist ordination certificate of Shaolin abbot
- 4 killed, 8 missing following landslide in North China
