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Can Hong Kong deliver in trying to build its yuan credentials?

Asia-Pacific 1 source 1 country 🔦 Under-reported 21h ago

Hong Kong has unveiled its first five-year plan focused on promoting the greater use of the yuan outside mainland China. The initiative was introduced in September by Chief Executive John Lee Ka-chiu alongside his policy address.

The policy highlights Hong Kong's strategic role in advancing the internationalisation of the Chinese currency. The announcement marks the beginning of a four-part media series examining whether the city can successfully deliver on these financial credentials.

In-depth summary · AI, neutral
Read the full story at the source South China Morning Post · HK ↗
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