Beijing delays vote on extending anti-sanctions law to Hong Kong -SCMP

By Reuters

China's top legislature has postponed a vote on extending an anti-sanctions law to Hong Kong, the South China Morning Post said on Friday, as global banks and other financial institutions fret over the impact it could have on their operations. Beijing was expected to formally approve the law for the Chinese-ruled city on Friday to counter actions by foreign governments amid escalating geopolitical tensions. Financial firms have been closely watching a meeting this week of the National People's Congress Standing Committee, the highest body of China's parliament, for signs on how and when the legislation will be introduced in Hong Kong.

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Via:: Sports Headlines


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