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.
- Autumn harvest in full swing across China
- Xi Story: Empowering women to grow and shine
- IBLAC members eye AI potential on Shanghai's West Bund
- China sends new navy fleet on escort mission in Gulf of Aden, waters near Somalia
- Marxist classics compilation yields fruitful results in China
- China's water governance achievements
