Joseph Yam, who helped set up the peg in 1983, still believes it is in the best interests of Hong Kong because it gives confidence to international investors.
( read original story …)
Home FINANCE Currency peg vital for Hong Kong’s status as global finance centre even as US dollar declines, says former monetary authority chief Joseph Yam
ADVERTISEMENT
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- Is China’s Economy Finally Coming Back? | Macro Money 04/07/2025
- China urged to restore local fiscal capabilities with 30-trillion-yuan debt swap 04/07/2025
- China shows signs of tackling the price wars that are taking a toll on its EV industry 04/07/2025
- At 90, the Dalai Lama braces for final showdown with Beijing: his reincarnation 04/07/2025
- Beijing cannot allow Russia to lose Ukraine war because it wants America distracted, top Chinese diplomat told EU: report 04/07/2025
- US lets GE restart jet engine shipments to China’s COMAC, source says 04/07/2025
- How Trump’s Trade Deal With Vietnam Is Really About China 04/07/2025
- Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam. 04/07/2025
- Exclusive-US lifts license suspensions for GE jet engines to China’s COMAC 04/07/2025
- Trump tariffs live updates: Trump announces Vietnam deal, China tensions ease, and July 9 deadline looms 04/07/2025
- China’s monetary policy is entering the red zone 04/07/2025
- U.S. lifts chip design software curbs on China in trade deal 04/07/2025