US Targets Hong Kong and China with Fresh Sanctions Over Ukraine Conflict
Wednesday, 12 June 2024, 15:04
US Imposes New Sanctions on Hong Kong and China
The latest round of sanctions unveiled by the US targets entities based in Hong Kong and mainland China, heightening the financial consequences of the ongoing Ukraine crisis. Treasury Secretary Janet Yellen emphasizes the critical role of these measures in increasing pressure on Russia's war economy, making it harder for financial institutions to navigate around the sanctions.
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