In his new book, Benny Chia, founder of The Fringe Club, recounts his obsession with a building that became the heart of Hong Kong’s cultural life

Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub.

Hong Kong has become a center for financial crimes as Beijing tightened its grip on the city, US lawmakers said, highlighting the worsening ties between the former British colony and Washington.

Hong Kong has turned into a hub for many violations of U.S. trade controls, including export of controlled western technology to Russia and the creation of front companies to buy Iranian oil, the bipartisan leaders of the House Select Committee on the Chinese Communist Party said in a letter to Yellen,