Hong Kong leader says city set to adopt China's anti-sanctions law | The Guardian Nigeria News - Nigeria and World News

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China's anti-sanctions law will be implemented in some form in Hong Kong, the city's leader confirmed Tuesday, a move that will add fresh regulatory pressure on international companies in the finance hub.

FILE PHOTO: Hong Kong Chief Executive Carrie Lam speaks at a news conference in Hong Kong, China June 21, 2021. REUTERS/Joyce Zhou/File Photo

Foreign companies can be sued in Chinese courts for applying sanctions and the law can also be wielded against family members. “Some foreign forces, foreign governments and western media will definitely stir up this issue, hoping to weaken our status as a financial centre or the outside world’s confidence in Hong Kong,” she said.

Source: News Formal (newsformal.com)

 

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