https://www.reuters.com/article/us-hongkong-protests-finance-explainer-idUSKBN2350VO

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HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy. FILE PHOTO: A general view of the financial Central district in Hong Kong, China July 25, 2019. REUTERS/Tyrone Siu. WHY DOES CHINA NEED HONG KONG AS IT IS? China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world’s most open economies and one of the biggest channels for equity and debt financing. The size of Hong Kong’s economy may only be the equivalent of... Full story

29 May

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