With Beijing at the Gates, Hong Kong’s Days as Financial Hub Are Numbered
An ancillary development to the worsening social-political situation unfolding in Hong Kong is that the city’s global standing as an international financial center has been irreparably damaged.
People from the finance community hold up umbrellas and shine lights during a rally against a controversial extradition bill in Hong Kong on Aug. 1, 2019. Billy H.C. Kwok/Getty Images
An ancillary development to the worsening social-political situation unfolding in Hong Kong is that the city’s global standing as an international financial center has been irreparably damaged.
Fan Yu
Author
Fan Yu is an expert in finance and economics and has contributed analyses on China's economy since 2015.