HONG KONG -- A senior U.S. Treasury official this month met with Hong Kong financial institutions to warn them against doing business with Russia, acting on a recent letter from Congress and coming just weeks ahead of Washington's presidential transition.
Finance
U.S. Treasury warns Hong Kong banks on Russia ahead of Trump's return
Visit follows bipartisan call to address city's alleged role in sanctions evasion
Hong Kong is under scrutiny by U.S. lawmakers for its alleged role in Russian efforts to finance the war in Ukraine and evade sanctions. (Photo by Shinya Sawai)
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