Wednesday , August 5 2020
Home / South China Morning Post / Hong Kong security law: how will US sanctions affect China’s plan to turn the yuan into a widely used global currency?

Hong Kong security law: how will US sanctions affect China’s plan to turn the yuan into a widely used global currency?

Summary:
[unable to retrieve full-text content]Washington’s decision to impose sanctions on Chinese individuals and financial institutions for their role in developing Hong Kong’s new national security law may threaten Beijing’s efforts to make the yuan an international currency, according to analysts.Meanwhile, some say US threats have added new urgency to Beijing’s goal of cutting its reliance on the US dollar by boosting international use of the yuan.US President Donald Trump on Tuesday signed an executive order ending Hong Kong’s…

Topics:
Karen Yeung considers the following as important:

This could be interesting, too:

Tyler Durden writes 300 ISIS Terrorists At Large: Mass Prison Break In Afghanistan After Hours-Long Firefight

Tyler Durden writes The Newest Demon In The Left’s Sights: Woke White Women

Cissy Zhou writes China increasingly worried about ‘losing face’ as Japan bankrolls exodus of firms

Tyler Durden writes Daily Briefing – August 4, 2020

[unable to retrieve full-text content]
Washington’s decision to impose sanctions on Chinese individuals and financial institutions for their role in developing Hong Kong’s new national security law may threaten Beijing’s efforts to make the yuan an international currency, according to analysts.Meanwhile, some say US threats have added new urgency to Beijing’s goal of cutting its reliance on the US dollar by boosting international use of the yuan.US President Donald Trump on Tuesday signed an executive order ending Hong Kong’s…

Leave a Reply

Your email address will not be published. Required fields are marked *