Hong Kong is becoming a hub for financial crime, US lawmakers say
Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub.
Hong Kong a ‘Global Leader’ in Financial Crime, US Lawmakers Say
Hong Kong has become a center for financial crime as Beijing tightened its grip on the city, US lawmakers said, highlighting the worsening ties between the former British colony and Washington.
US lawmakers warn Hong Kong becoming financial crime hub
US lawmakers urged the government Monday to rethink banking ties with Hong Kong, citing its "increasing role" in money laundering, sanctions evasions and reported funneling of banned technology to Russia.
U.S. Lawmakers Say Hong Kong Is Becoming Hub for Financial Crime, WSJ Reports
Hong Kong has turned into a hub for many violations of U.S. trade controls, including export of controlled western technology to Russia and the creation of front companies to buy Iranian oil, the bipartisan leaders of the House Select Committee on the Chinese Communist Party said in a letter to Yellen,
US Lawmakers Call HK A Financial Crime Hub
US lawmakers say Hong Kong has become a center for financial crimes as Beijing tightened its grip on the city. Our China correspondent, Minmin Low, explains the allegations have highlighted the worsening ties between the city and Washington.
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Wall Street Journal on MSN6d
He Rose to Riches in Hong Kong. Now He’s a Symbol of China’s Crackdown.
HONG KONG—Jimmy Lai came to Hong Kong in 1961 as a boy smuggled on a fishing boat, a refugee who left mainland ...
Hong Kong Is Becoming Hub for Financial Crime, U.S. Lawmakers Say
The U.S. should rethink its close ties with Hong Kong’s banking sector, leaders of an influential House committee say.
US lawmakers say Hong Kong is becoming hub for financial crime
Lawmakers in the U.S. House of Representatives have asked Treasury Secretary Janet Yellen to rethink ties with Hong Kong's ...
Hong Kong basketball chief to clubs: ‘Let us know whom to naturalise, and we’ll get them’
It has become popular in Asia in recent years to naturalise players, but Norman Chan says it is up to clubs to let him know ...