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Article Summary
- U.S. lawmakers express concern about Hong Kong becoming a financial crime hub
- Hong Kong's autonomy and status as a global financial center at risk
- Calls for increased scrutiny and regulation to prevent illicit activities
- Concerns about money laundering and sanctions evasion in Hong Kong
- Potential impact on international financial system and U.S. interests
- The tone of the URL is cautionary and alert, highlighting the potential risks and consequences of Hong Kong's status as a financial crime hub.
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U.S. Lawmakers Warn Hong Kong Becoming Financial Crime Hub
U.S. lawmakers urged the government Monday to rethink banking ties with Hong Kong, citing its "increasing role" in money laundering, sanctions eva...
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