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Hong Kong is the biggest geopolitical threat to markets, economist warns
Ongoing civil unrest in Hong Kong is the biggest geopolitical threat to global markets, an economist told CNBC Thursday. Speaking to CNBC’s “Street Signs Europe,” Holger Schmieding, chief economist at Berenberg, said the worst-case scenario was “pretty clear” after President Donald Trump signed two bills backing protesters in Hong Kong. The move reignited tensions between Washington and Beijing, with China’s Ministry of Foreign Affairs accusing the U.S. on Thursday of having “sinister intentions.” “Hong Kong at the moment is the biggest geopolitical risk out there for markets,” Schmieding told ... (full story)