Chinese banks prepare contingency plans over threat of US sanctions

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Arab News Arabia Saudita 10.07.2020. 02:41

Chinese banks prepare contingency plans over threat of US sanctions

BEIJING: Chinese state lenders are revamping contingency plans in anticipation of US legislation that could penalize banks for serving officials who implement the new national security law for Hong Kong, numerous sources have said. In worst-case scenarios under consideration by the Bank of China an»»»

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