HONG KONG (BLOOMBERG) - Hong Kong's leader said she's having trouble using her credit cards after the US imposed sanctions targeting Chinese officials and their allies in the city.. Read more at straitstimes.com.
HONG KONG - Hong Kong's leader said she's having trouble using her credit cards after the US imposed sanctions targeting Chinese officials and their allies in the city.
"The more that this attracts the critics of China to attack us, the more effective this piece of legislation is to achieve its intended objective." Major lenders with operations in the US including Bank of China Ltd., China Construction Bank Corp., and China Merchants Bank Co. have turned cautious on opening new accounts for the 11 sanctioned officials, people familiar said.
It will be the first time she has faced local media since the arrest last Monday of media tycoon Jimmy Lai under the national security legislation.
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