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Daily News Advisory

Ex-Hong Kong central banker warns Beijing could punish city over protests

Posted by GRNlive on October 29, 2014 at 4:50 AM

GRNlive correspondents are in Hong Kong and Beijing

Reuters: A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralyzed parts of the Chinese-controlled financial center for a month are allowed to continue. Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former Hong Kong central bank chief, said the city's financial integrity and stability of its currency were also at risk.

Categories: World News, Business