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Shanghai needed as finance hub, as Hong Kong ‘not enough’: proposal
Mainland hub is needed to ‘fully meet the special needs’ of Chinese firms expanding abroad, institute leader says in closed-door meeting.
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Timeline cronologica
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As Beijing raises Shanghai’s offshore yuan profile, where will Hong Kong fit in?
Geopolitical tensions add fuel to long-standing debate about China’s need for multiple offshore yuan centres – a role that suits Shanghai well.
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Shanghai needed as finance hub, as Hong Kong ‘not enough’: proposal
Mainland hub is needed to ‘fully meet the special needs’ of Chinese firms expanding abroad, institute leader says in closed-door meeting.