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Former Head of Hong Kong Central Bank HKMA Joseph Yam Chi-Kwong: US Sanctions Against China & Russia has ‘Weaponise’ Financial Markets
10th June 2022 | Hong Kong
Former Head of Hong Kong Central Bank Hong Kong Monetary Authority (HKMA) Joseph Yam Chi-Kwong: The US government, under Donald Trump and his successor Joe Biden, has weaponised the financial markets, a “stupid and crazy” strategy that would undermine the US dollar’s status as the world’s reserve currency. “First of all they put restrictions on Chinese enterprises’ financing in the US, and stopped Americans investing in Chinese enterprises at the same time,” Yam said in an online webinar in Mandarin organised by the Hong Kong Institute for Monetary and Financial Research, a research unit of the HKMA.” (Source: South China Morning Post)
“ US Sanctions Against China & Russia has ‘Weaponise’ Financial Markets “
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