China To Shelve Anti-Sanctions Law in Hong Kong, HK01 Says
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China will not impose an anti-sanctions law on Hong Kong for now, local news organization HK01 reported, a seemingly unusual backtrack from Beijing on a move that had alarmed businesses in the Asian financial hub.
The decision to shelve the controversial law in the near term came after executives from Hong Kong and mainland Chinese financial institutions raised their concerns with Vice Premier Liu He, HK01 reported Tuesday, citing at least one unidentified person from the business sector.