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Finance

Bill targeting banks over Hong Kong security law passes US Senate

Legislation moves to Trump's desk for signature after unanimous Senate vote

The Capitol building in Washington: The U.S. Senate passed legislation to punish banks doing business with Chinese officials who carry out Beijing's new national security law on Hong Kong.   © Reuters

WASHINGTON (Reuters) -- The U.S. Senate passed legislation on Thursday to penalize banks doing business with Chinese officials who implement Beijing's draconian new national security law on Hong Kong, sending it to the White House for President Donald Trump's signature.

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