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.
- China's Zhuque-2E Y6 carrier rocket sends 2 new satellites into space
- Emergency crews deliver gaokao students amid severe storms
- Desert blooms as roses drive Xinjiang’s green transformation
- Luntai Airport becomes Xinjiang's newest civil transport hub
- China asserts neutrality of aircraft carrier drills amid Japanese surveillance
- Intrepid ‘king of grass’ tames the Taklimakan
