Hong Kong Won't Act on Sanctioned Russian Superyacht

Image copyright: Getty Images [via BBC News]

The Spin

Anti-China narrative

Hong Kong's decision to provide a safe haven for individuals evading sanctions from multiple jurisdictions has consequences. Its reputation as a financial center requires adherence and compliance with international standards, and its refusal to abide by those rules further calls into question the transparency of its business environment.

Pro-China narrative

The comments by the US State Department are misleading and nothing more than a smear campaign against Hong Kong’s business operations. The city — which abides by UN sanctions as required — has no legal obligation or authority to impose Western sanctions. Over the years, Hong Kong has maintained a free, open, law-based business climate and will continue to do so.


Establishment split

CRITICAL

PRO

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