Beijing should encourage foreign dignitaries to visit and also nurture the city as a base for more international, multilateral institutions

It’s impossible to imagine him headlining a similar event in Shenzhen or Shanghai, where the Chinese government maintains a decidedly ambivalent stance towards bitcoin. Apparently, Beijing has allowed Hong Kong to experiment.

Contrary to the conventional wisdom that Hong Kong would become a hapless victim of the escalating competition and confrontation between China and the United States, the city seems to be benefiting more from its peculiar in-between status.

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