U.S. Weighs Limited Options to Punish China Over Hong Kong

WASHINGTON—As U.S. officers weigh sanctioning China above its new moves in Hong Kong, the city’s position as a global financial centre limitations the menu of effective levers out there to Washington.

Major actions in opposition to Hong Kong’s financial procedure danger hitting U.S., Western and Hong Kong organizations and shoppers, officers and analysts say. A lot more specific sanctions in opposition to Chinese officers and trade actions in opposition to products and solutions manufactured in Hong Kong would have little impact on Beijing’s integration of the city into the mainland’s…