NEW YORK -- Hong Kong criticized U.S. lawmakers on Tuesday for "malicious slander" in a letter that described the city as a top location for money laundering and sanctions evasion.
US-China tensions
Hong Kong blasts U.S. lawmakers for calling city a financial crime hub
Banks allow violations of U.S. trade controls for Russia and Iran, claim congressmen
A bipartisan group of U.S. lawmakers argue that the country should rethink its ties with banks in Hong Kong because they are facilitating the evasion of sanctions on Russia and Iran. © Reuters
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