4 ms·
Is this good news for Taiwan finances as can replace Hong Kong? Or is it just the begging of the end as Taiwan is next in China’s list?
by Hokusai 6y ago
Is this good news for Taiwan finances as can replace Hong Kong? Or is it just the begging of the end as Taiwan is next in China’s list?
- jcranmer 6y agoThe advantage of Hong Kong is that it gets special status in China's financial restrictions (for example, exemptions from financial export controls), and I believe this is the primary reason Hong Kong has been the major center of the Chinese financial system.
- deleted 6y ago[deleted]
- ipnon 6y agoI recommend you read Bloomberg's "Taipei's Too Cool to Be China's Banker"[0] from their series on which Asian financial centers could replace Hong Kong. The author David Fickling concluded that Taiwan is not the most likely replacement. He believes Singapore is the most likely candidate. [0] https://www.bloomberg.com/graphics/2019-opinion-will-tokyo-taipei-singapore-be-next-hong-kong/taipei.html https://www.bloomberg.com/graphics/2019-opinion-will-tokyo-t...