House China committee chair urges Fed to review Hong Kong’s access to dollar lifeline
Rep. John Moolenaar wants the Fed to rethink Hong Kong’s access to a dollar-liquidity facility as China promotes the renminbi as a global currency.
CNBC reports: Rep. John Moolenaar wants the Fed to rethink Hong Kong’s access to a dollar-liquidity facility as China promotes the renminbi as a global currency.
This business story centres on China. Names and organisations mentioned in the coverage include Fed, Hong Kong and House China.
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Key details
- Location
- China · Asia
- Reported by
- CNBC
- First reported
- Key names
- Fed, Hong Kong, House China, John Moolenaar
- Section
- Business
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