china, chinese banks, financial markets, hong kong protests, hong kong stock market, renminbi internationalization

3 Reasons Hong Kong Is Important to China: Money, Money, Money

With Hong Kong protests turning increasingly violent, Chinese media have been calling for stricter actions against the demonstrations. However, Beijing has largely limited itself to issuing warnings rather than taking concrete military action against the city. This is because the city continues to be a very significant financial asset for China. Hong Kong’s stock market ...

Max Lu

Victoria Harbour Hong Kong.

Will China Weaponize the Yuan in Its Trade War Against America?

With the Chinese economy said to be slowing down, there have been concerns over whether Beijing will decide to use its most potent tool to flip the China-U.S. trade war in its favor — the yuan. Such a move would definitely unleash shockwaves in the international markets.   Devaluing the yuan to impact the US-China ...

Armin Auctor

The stock market.