Standard Chartered Bank CEO Bill Winters said Hong Kong remains highly secure as a global financial center. Despite the tensions between the US and China erupting another wave.
Winters attended the Singapore Summit online. She said in an interview on CNBC's “Street Signs Asia” that “Hong Kong is still safe. That's because Hong Kong is the way for capital to flow in and out of China. That is the only obvious reason. "
In the past June, Stanchard expressed confidence that The National Security Law will help maintain economic and social stability in Hong Kong. And three months later Mr Winters said: It seems that stability hopes have begun to come true and have seen results.
Previously, the Chinese government had enforced a controversial national security law in Hong Kong. The United States has retaliated and announced sanctions against many leaders who have deprived Hong Kong's autonomy. Including Mrs. Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region.
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