Reported about 8 hours ago
According to US lawmakers, Hong Kong has shifted from a trusted financial hub to a significant player in financial crime since the implementation of China's national security law in 2020. This transformation has raised concerns about the city’s growing ties to authoritarian regimes and the potential need to reassess US policies towards Hong Kong's financial sector. The criticism highlights accusations of Hong Kong facilitating illicit trade, such as providing Russia with prohibited technology and aiding in evading Western sanctions.
Source: YAHOO