Don't let Belt and Road lead to ball and chain

The case of a former Hong Kong official awaiting trial in New York is a timely reminder not to let your guard down in frontier markets.

Not for nothing is the New York Metropolitan Correctional Center MCC known as the Guantanamo Bay of Manhattan. But the comparison is unjust unjust on the more globally notorious Guantanamo, that is. Because according to one terrorist suspect who has seen the inside of both, Guantanamo just happens to be “more pleasant”.

Alongside the likes of Mexican cartel leader 'El Chapo', MCC's inmates now include one Patrick Ho Chi-ping, an eye doctor-turned-Hong Kong official who parlayed his political influence into a globetrotting role as ambassador-at-large for the charitable arm of Chinese consortium CEFC China Energy.

According to a 54-page FBI complaint, Ho and his...

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