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.
- Forum explores promotion of sustainable development through community education
- China pledges greater role in UN peacekeeping
- SCO forum calls for greater global collaboration on traditional medicine
- China's nuclear policy highly stable, continuous, predictable: spokesman
- Beijing condemns US remarks on Taiwan status
- Hong Kong's role in promoting TCM highlighted at forum
