Asia News By Saikat Chatterjee and Michelle Chen HONG KONG - TopicsExpress



          

Asia News By Saikat Chatterjee and Michelle Chen HONG KONG (Reuters) - Peering down from their gleaming tower blocks at pro-democracy activists on the streets, Hong Kongs bankers and traders cannot help worrying that the financial community could pay a heavy price in the long term if the city loses Beijings favour. As China steadily opens up, Hong Kong lives with the threat that its crucial role as China’s biggest yuan hub could become diminished as business flows to the mainlands growing financial centres in Shanghai and Shenzhen. ...
Posted on: Fri, 03 Oct 2014 16:29:36 +0000

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