Hong Kong Holds Strong as Global Finance Hub ποΈπΉ
Hong Kong SAR retains its position as the 4th largest forex hub and top offshore Renminbi center, with transaction volumes soaring, per BIS data. ππΈ
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Hong Kong SAR retains its position as the 4th largest forex hub and top offshore Renminbi center, with transaction volumes soaring, per BIS data. ππΈ
U.S. unemployment hits 4.3%, fueling speculation of a Federal Reserve rate cut in September. Markets react as economic concerns grow. ππ‘
BRICS nations are reshaping global finance amid US tariff pressures, focusing on supply chains and a fairer monetary system. ππΈ
The US GENIUS Act aims to boost the dollar via stablecoins, but experts warn it could trigger global financial risks. Is dedollarization the answer? ππ‘
Scholar Jiang Tianjiao highlights the NDB’s role in reshaping global finance, emphasizing its impact on the Global South and sustainable development. π±π‘
BRICS finance ministers and the NDB convene in Rio to boost funding for green projects and reform global financial systems. ππ‘
BRICS nations challenge the US dollar’s dominance with local currency settlements. Can they overcome structural hurdles? ππ‘
The U.S. Congress is stepping up efforts to regulate stablecoins as their role in global finance expands. What does this mean for crypto’s future? π
Amid global economic shifts, Hong Kong strengthens its role as a financial bridge between the Chinese mainland and the world, per expert insights. ππ‘
Hong Kong strengthens its role as a global financial, shipping, and trade hub with new green initiatives and tech-driven strategies under China’s modernization plan. ππ’πΌ