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/U.S.: Per BBG: "Top advisers to..........>

HONG KONG
HONG KONG: /U.S.: Per BBG: "Top advisers to President Donald Trump have ruled
out undermining the Hong Kong dollar's peg to the greenback as they seek to
punish China for infringing on the territory's political freedoms, according to
people familiar with the matter. Aides at the White House and State department
had weighed the possibility of limiting Hong Kong banks' access to U.S. dollars
as a way of striking back at Beijing, Bloomberg News reported last week. But
they dropped the idea after advocates could not gather enough support, with
those against the move concerned that it would be difficult to implement and
could end up hurting the U.S., according to one of the people."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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