June 16, 2024

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Passion For Business

U.S. Weighs Limited Options to Punish China Over Hong Kong

WASHINGTON—As U.S. officials weigh sanctioning China about its current moves in Hong Kong, the city’s position as a world wide money center limitations the menu of helpful levers offered to Washington.

Main actions in opposition to Hong Kong’s money system possibility hitting U.S., Western and Hong Kong providers and customers, officials and analysts say. Additional qualified sanctions in opposition to Chinese officials and trade steps in opposition to products manufactured in Hong Kong would have minor impact on Beijing’s integration of the town into the mainland’s…