US slams China's coercive bullying tactics to pressurise UK

US Secretary of State Mike Pompeo has slammed China's coercive bullying tactics, saying the nation's browbeating of London-headquartered HSBC bank to pressurise the UK for its projects should serve as a cautionary tale. Pompeo said China has reportedly threatened to punish British bank The Hong Kong and Sanghai Banking Corporation (HSBC) and to break commitments to build nuclear power plants in the United Kingdom unless London allows Huawei to build its 5G network.

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