Hong Kong Update: China Will Punish City If Occupy Central Protests Continue, Says Former Banking Chief

China could "punish" Hong Kong for the now monthlong Occupy Central protests, warns a former head of Hong Kong's central bank. Joseph Yam, now an executive vice president of the advisory group China Society for Finance and Banking, alluded that Beijing may seek to lessen its reliance on Hong Kong as its bridge to the international finance scene by moving operations elsewhere.